TWTR - TWTR STOCK NEWS

Schubert Law Firm is investigating Elon Musk's delayed disclosure of his 9.2% stake in Twitter (NYSE:TWTR), amounting to 73.5 million shares. Musk acquired the stake on March 14, 2022, but failed to report it until April 4, 2022, exceeding the 10-day SEC requirement. During this 11-day gap, Musk bought additional shares, saving approximately $156 million in costs. The firm's inquiry suggests potential legal violations related to false disclosures and market manipulation. Twitter shares surged nearly 30% after the announcement.

Twitter, Inc. (NYSE: TWTR) has priced an offering of $1 billion in senior notes with an interest rate of 5.000%, maturing on March 1, 2030. The offering is targeted at qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. Closing is anticipated on February 25, 2022, pending customary conditions. Proceeds will support general corporate purposes, including debt repayment and stock repurchases. The notes can be redeemed early with associated premiums and require repurchase in specific change of control scenarios.

Twitter, Inc. (NYSE: TWTR) announced a proposed offering of $1 billion in senior notes due 2030, targeting qualified institutional buyers. The notes will have semi-annual interest payments, with specific rates to be determined through initial negotiations. Proceeds will support general corporate purposes, including potential debt repayment, stock repurchases, and strategic acquisitions. Currently, there are no agreements for significant acquisitions. Note offerings will not be registered under the Securities Act and are subject to market conditions.

Twitter, Inc. (TWTR) announced an accelerated share repurchase (ASR) program worth $2 billion to repurchase its common stock. The Company will pre-pay this amount to Morgan Stanley and Wells Fargo, receiving an initial delivery of approximately 37.8 million shares. This buyback reflects Twitter's confidence in its strategy and commitment to enhancing shareholder value, with the potential for an additional $2 billion repurchase available later. The ASR is part of a broader share repurchase program aimed at balancing long-term strategy with capital return to shareholders.

Twitter, Inc. (TWTR) reported a strong financial performance for Q4 and FY 2021, achieving $5.08 billion in revenue, up 37% year-over-year. Q4 revenue was $1.57 billion, a 22% increase, while advertising revenue rose 22% to $1.41 billion. Despite a net loss of $221 million for FY 2021, adjusted operating income was $273 million. The company maintains its goal of 315 million mDAU and $7.5 billion in revenue for 2023. Twitter has authorized a new $4 billion share repurchase program, effective immediately, to enhance shareholder value.

Aleph Group announced a minority investment from Twitter Inc. (NYSE: TWTR) aimed at enhancing its educational initiatives globally. This investment, closed in October 2021, will support the development of an educational tech platform and train over 50,000 digital professionals across 90 countries. Aleph is Twitter's exclusive advertising partner in 74 countries, facilitating revenue growth in emerging markets. Both companies view this investment as a natural progression in their longstanding partnership.

AppLovin has successfully acquired Twitter's MoPub business for $1.05 billion in cash, enhancing its MAX platform, which is projected to handle over $15 billion in annualized advertiser spending by 2023. This integration aims to consolidate features, benefiting app publishers with increased monetization and streamlined workflows. Notable improvements will include advanced reporting and enhanced ad formats. The transition for MoPub customers is underway, with a scheduled sunset date of March 31, 2022 for the MoPub platform.

Elliott Investment Management released a statement regarding leadership changes at Twitter (TWTR) on November 29, 2021. Managing Partner Jesse Cohn and Senior Portfolio Manager Marc Steinberg expressed confidence in the new leadership, including incoming Chairman Bret Taylor and CEO Parag Agrawal. They highlighted Twitter's commitment to an ambitious multi-year plan aimed at increasing the company's reach and value. This transition comes after a productive collaboration with former CEO Jack Dorsey, marking a significant pivot in Twitter's strategy.

On Nov. 29, 2021, Twitter (NYSE: TWTR) announced that Jack Dorsey has stepped down as CEO, with Parag Agrawal appointed as his successor, effective immediately. Dorsey will remain on the Board until the 2022 stockholder meeting. Bret Taylor has been named the new Chairman of the Board. Agrawal, who has been with Twitter for over a decade, believes he can build on Dorsey’s legacy. The company’s financial outlook remains unchanged for Q4 2021 and its goals for 2023.