Maplebear (NASDAQ:CART) shares are trading higher by 8.2% to $33.50 during Thursday’s session after the company approved a $500 million share repurchase program.

This follows the completion of a previous $1 billion repurchase program that bought back approximately 34 million shares. The new program has no expiration date, and repurchases can be made through open market or privately negotiated transactions, following market conditions and legal requirements.

There is no obligation to repurchase a specific amount of stock, and the program can be terminated or suspended at any time. The number and timing of repurchases will depend on various factors such as stock price and market conditions.

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How To Buy CART Stock

By now you're likely curious about how to participate in the market for Maplebear – be it to purchase shares, or even attempt to bet against the company.

In the the case of Maplebear, which is trading at $32.71 as of publishing time, $100 would buy you 3.06 shares of stock.

According to data from Benzinga Pro, CART has a 52-week high of $42.95 and a 52-week low of $22.13.