Maplebear ( 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 ( CART ) – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

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

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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