United Airlines announced a $1.5 billion stock buyback plan, underscoring a seeming return to an investor focus that had diminished in the pandemic.

United Airlines forecast a stronger-than-expected profit in the current quarter on Tuesday, after third-quarter earnings topped Wall Street expectations on improved pricing power. In a sign of growing confidence in its business,

KEY TAKEAWAYS United Airlines unveiled plans for a $1.5 billion share buyback, its first since the pandemic, as the carrier also reported quarterly results that beat analysts' estimates.United reported third-quarter adjusted EPS of $3.

Markets were mostly lower in Asia on Wednesday after U.S. stocks pulled back from their records, dented by selling of technology and energy sector shares. Tokyo’s Nikkei 225 index fell 1.8% to 39,210.