Beijing: ByteDance<\/a> Inc., the Chinese owner of short-video platform giant TikTok<\/a>, launched a share buyback this week for current and former employees, two people with direct knowledge of the matter said.
The ByteDance share buyback<\/a> comes after the world's most-valued announced in April that it did not have imminent plans for an initial public offering (IPO). The company had planned to list some of its Chinese businesses including TikTok's Chinese version Douyin in Hong Kong, sources previously told Reuters.
Last week, company founder Zhang Yiming<\/a> unexpectedly announced that he will step down as CEO, a move that comes as Chinese regulators are increasing scrutiny of the country's biggest technology firms.
In an email sent to current and former employees this week, ByteDance said eligible shareholders can apply to sell their holdings by June 20 at $126 per share for current employees and $100.80 per share for former employees, the people said.
The price for current employees during an earlier buyback last November was $60 a share, the sources said.
Beijing-based ByteDance declined to comment for this story.
The nine-year-old company typically launches share buybacks twice a year, the sources said, declining to be named as the information is not public. Some ByteDance employees recently expressed frustration on social media for not being able to sell their shares in an IPO.
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TikTok所有者ByteDance启动回购股份后搁置IPO计划
在一封电子邮件发送到现任和前任员工本周ByteDance说合格的股东可以适用于6月20日出售所持股份的每股126美元目前的雇员和前雇员的每股100.80美元。
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杨盈芝和托尼·门罗
北京:ByteDanceInc .,中国老板短视频平台的巨人TikTok本周推出了一项股票回购,现任和前任员工,两人有直接了解的人士说。
的ByteDance回购股份此前世界上最有价值的4月份宣布,没有即将到来的首次公开发行(IPO)的计划。公司曾计划列表的一些中国企业包括TikTok中文版Douyin在香港,此前消息人士告诉路透。
上周,公司创始人张翳明出人意料地宣布,他将辞去CEO一职,此举之际,中国监管机构越来越多的审查该国最大的科技公司。
在一封电子邮件发送到现任和前任员工本周ByteDance说合格的股东可以适用于6月20日出售所持股份的每股126美元目前的雇员和前雇员每股亏损100.80美元,。
现有员工的价格回购去年11月早些时候在每股60美元,消息人士说。
这个故事北京ByteDance拒绝置评。
9岁的公司通常每年发行股票回购两次,消息人士称,拒绝透露姓名的尚未公开的信息。一些ByteDance员工最近在社交媒体表示失望无法出售他们的股票上市。
北京:ByteDanceInc .,中国老板短视频平台的巨人TikTok本周推出了一项股票回购,现任和前任员工,两人有直接了解的人士说。
的ByteDance回购股份此前世界上最有价值的4月份宣布,没有即将到来的首次公开发行(IPO)的计划。公司曾计划列表的一些中国企业包括TikTok中文版Douyin在香港,此前消息人士告诉路透。
上周,公司创始人张翳明出人意料地宣布,他将辞去CEO一职,此举之际,中国监管机构越来越多的审查该国最大的科技公司。
在一封电子邮件发送到现任和前任员工本周ByteDance说合格的股东可以适用于6月20日出售所持股份的每股126美元目前的雇员和前雇员每股亏损100.80美元,。
现有员工的价格回购去年11月早些时候在每股60美元,消息人士说。
这个故事北京ByteDance拒绝置评。
9岁的公司通常每年发行股票回购两次,消息人士称,拒绝透露姓名的尚未公开的信息。一些ByteDance员工最近在社交媒体表示失望无法出售他们的股票上市。
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