$BILL announced $1B stock repurchase program on May 7th
Average volume 19 days since announcement: 2,968,232
Average volume 19 days preceding announcement: 1,542,511
The most-active futures contract on the container shipping index (Europe route) broke above 3,500 points, rising nearly 5% intraday to the highest level since Aug 2024; open interest increased by more than 2,600 contracts on the day.
(https://t.co/4cBMNjOWcB)