{
  "id": 9319103,
  "title": "Grab execs buy back shares after stock hits three-year low on Atome deal",
  "url": "https://urgent.news/2026/09/23/grab-execs-buy-back-shares-after-stock-hits-three-year-low-on-atome",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T10:54:23.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/grab-execs-buy-back-shares-after-stock-hits-three-year-low-on-atome-deal/articleshow/134433242.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Grab executives have bought back company shares worth over $30 million after the stock hit a three-year low. The share price slump followed an announcement that Grab would acquire buy-now-pay-later provider Atome Financial in a deal that could value the target at up to $4.5 billion, according to The Business Times - Companies & Markets.\n\nGrab's share price fell to $2.74 on September 18, its lowest level since May 2023. The stock had tumbled 50% over the past year. On September 21, Grab CEO Anthony Tan purchased $30 million worth of shares, while President Alex Hungate bought around $867,000 worth, as per US Securities and Exchange Commission filings.\n\nThe purchases came after Grab announced plans to buy back around $900 million worth of shares over the next 12 months. Following the executive share purchases, Grab's shares closed up 8.9% on Tuesday. At a company town hall, Tan expressed confidence in Grab's strategy and direction, saying \"I have put my money where my mouth is\".",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Grab executives buy back shares after stock hits 3-year low on Atome deal",
        "url": "https://urgent.news/2026/09/23/grab-executives-buy-back-shares-after-stock-hits-3-year-low-on-atome",
        "published": "2026-09-23T10:20:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}