Tencent Music’s (TME) board of directors has recently authorized a new share repurchase program under which the company may repurchase up to $1B of its Class A ordinary shares during a 24-month period commencing from March. This program follows the completion of the $500M share repurchase program previously announced in March 2023.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TME: