ByteDance plans up to $6B buyback at ~$400B valuation, up 20% from last year
pstAsiatech · x · 2026-11-13
ByteDance, TikTok's Chinese parent company, is planning to buy back up to $6 billion worth of shares from existing investors at a valuation of roughly $400 billion — about 20% higher than the valuation used in its previous buyback a year ago.
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