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GameStop reported a higher profit in the first quarter and said its board approved a $2 billion stock buyback authorization. Stripping out certain one-time items, GameStop reported adjusted earnings of 30 cents a share. GameStop also said its board approved a $2 billion stock buyback authorization.
GameStop on Tuesday reported a 14% rise in quarterly revenue and said its board has approved a new $2 billion share repurchase program. Shares of the company jumped 9% in extended trading.
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