Elliott injects $1B into Pinterest to fund stock buybacks, buying convertible senior notes with an initial conversion price of $22.72 per share, a 30% premium (Nicholas G. Miller/Wall Street Journal)

Nicholas G. Miller / Wall Street Journal: Elliott injects $1B into Pinterest to fund stock buybacks, buying convertible senior notes with an initial conversion price of $22.72 per share, a 30% premium  —  Activist investor Elliott Investment Management has injected $1 billion into Pinterest, which the company will use to repurchase shares.

Mar 3, 2026 - 08:00
18213
Elliott injects $1B into Pinterest to fund stock buybacks, buying convertible senior notes with an initial conversion price of $22.72 per share, a 30% premium (Nicholas G. Miller/Wall Street Journal)

Nicholas G. Miller / Wall Street Journal:
Elliott injects $1B into Pinterest to fund stock buybacks, buying convertible senior notes with an initial conversion price of $22.72 per share, a 30% premium  —  Activist investor Elliott Investment Management has injected $1 billion into Pinterest, which the company will use to repurchase shares.

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.