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GameStop Posts Higher Profit, Launches $2 Billion Buyback Program
The Wall Street Journal71d agobullish
GameStop Posts Higher Profit, Launches $2 Billion Buyback Program

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.