TikTok owner ByteDance starts new round of employee stock buy-backs, bonus-for-shares exchange at higher rates

//TikTok owner ByteDance starts new round of employee stock buy-backs, bonus-for-shares exchange at higher rates

TikTok owner ByteDance starts new round of employee stock buy-backs, bonus-for-shares exchange at higher rates

TikTok owner ByteDance’s new stock repurchase drive is offering US$142 per share, up 7.5 per cent from last October’s buy-back, according to people with knowledge of the matter.

Article by [author-name] (c) Big Tech - South China Morning Post - Read full story here.

By | 2022-04-22T11:30:20+00:00 April 22nd, 2022|Technology|Comments Off on TikTok owner ByteDance starts new round of employee stock buy-backs, bonus-for-shares exchange at higher rates