Does TikTok have a share repurchase program?

TikTok’s Chinese owner just rolled out its first-ever share repurchase program, offering existing investors a way to cash out. But first... Today’s must-reads: TikTok parent ByteDance Ltd. last week offered to buy back as much as $3 billion of its own shares from investors at a valuation of $300 billion, a decent price at current depressed levels.

Is TikTok a private company?

More specifically to the United states, TikTok is estimated to have: In spite of this popularity and as noted above – ByteDance and by extension TikTok – remain privately listed. This ultimately means there is no easy way for investors and traders to speculate on the company as well as no clear or transparent valuation for the general public.

Will a TikTok IPO happen in 2022?

The prospects for a ByteDance or TikTok initial public offering (IPO) anytime soon grew a bit dimmer in late 2022. Amid slow progress on the IPO, ByteDance bought back $3 billion in shares at a $300 billion valuation to allow early investors to cash out some of their equity without an IPO.