Technology8/27/2025•The Guardian
TikTok owner set to launch share buyback valuing company at $330bn
ByteDance, the parent company of TikTok, is set to launch a new employee share buyback program that will value the company at over $330 billion. The buyback will offer current employees $200.41 per share, a 5.5% increase from the $189.90 per share offered six months ago, which valued the company at around $315 billion. This increase in valuation is driven by the continued growth in ByteDance's revenue. The article notes that the details of the buyback program were provided by three people with knowledge of the matter.
Source: For the complete article, please visit the original source link below.
