Robinhood CFO: The company has spent $664 million this year to repurchase 7.5 million HOOD shares

According to Odaily, the CFO of a certain exchange, Shiv Verma, stated during the earnings call that the exchange raised 2.2 billion US dollars through financing in June. The financing carries a nominal interest rate of 0%, and will not cause any net dilution unless the stock price exceeds 300 US dollars. In addition, the company has spent 664 million US dollars this year to buy back 7.5 million shares of stock.