Uber Sees 180M Share IPO Pricing At $44-$50, PayPal To Buy $500M

Real-Time Financial News • Apr 26, 2019 at 9:18 AM EDT

Uber Technologies disclosed this morning that it will be offering 180M shares when going public. The company anticipates that the initial public offering price will be between $44.00 and $50.00 per share.

Uber Technologies (UBER) disclosed this morning that it will be offering 180M shares when going public. The company anticipates that the initial public offering price will be between $44.00 and $50.00 per share.

In addition, PayPal (PYPL) has entered into an agreement with Uber pursuant to which it has agreed to purchase $500M of its common stock in a private placement at a price per share equal to the initial public offering price.

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