ByteDance plans $6 billion buyback at about $400 billion valuation
ByteDance will reportedly repurchase up to $6 billion of shares from investors, valuing the company at roughly $400 billion.
What we know
The Information reports that ByteDance will buy back up to $6 billion in shares from investors at a valuation of approximately $400 billion.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@FirstSquawk
“ByteDance To Repurchase Up To $6 Billion In Shares From Investors”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.