International Companies

Pinterest shares surge on $1bn Elliott injection, share buyback plan

By Benjamin Chiou

Date: Tuesday 03 Mar 2026

(Sharecast News) - Activist investor Elliott Investment Management has injected $1.0bn into Pinterest, which the image pinboard platform operator said it would use to buy back shares.
Elliott, which first invested in Pinterest in 2022, said it has "strong conviction in the company's trajectory", according to partner Marc Steinberg, who is...

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