Activist investor Engine Capital withdraws its nominees for Lyft board

Reuters
09 May
Activist investor Engine Capital withdraws its nominees for Lyft board

May 9 (Reuters) - Activist investor Engine Capital said on Friday it would withdraw its nomination of candidates for election to Lyft's LYFT.O board after the ride-hailing platform boosted its stock buyback program.

(Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)

((Akash.Sriram@thomsonreuters.com; On X as @HoodieOnVeshti; +91-99017-77617;))

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