What Did Groupon Do with Its $135 Million Repurchase Budget?
Groupon (GRPN) closed 2017 with $135.2 million shares remaining under its current share repurchase program. Groupon is set to report its 1Q18 results on May 9, and we hope to hear updates on its share repurchase program at that time. Groupon shares fell 14.9% in 1Q18, while Amazon (AMZN) and eBay (EBAY) shares rose 23.8% and 6.6%, respectively, in the quarter.