# ByteDance plans share buyback of up to $6 billion

_Published Friday, November 13, 2026 at 2:06 AM EST · Products · Latest · Tier 2 — Notable_

ByteDance plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, Bloomberg reported, citing people who reviewed the proposal. That valuation represents a 20% increase from a similar program a year ago.

## Sources

- [Bloomberg Technology](https://www.bloomberg.com/news/articles/2026-11-13/bytedance-tiktok-plans-6-billion-buyback-400-billion-valuation)

---
Canonical: https://techandbusiness.org/newswire/p_iWjTUf-0teghDerwrj99
Published: 2026-11-13T07:06:07.074Z
Story chronology: 2026-11-13T05:11:57.000Z
Retrieved: 2026-11-13T09:18:08.380Z
Publisher: Tech & Business (techandbusiness.org)