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TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports

ByteDance, the Chinese owner of TikTok, is planning to buy back up to $6 billion worth of shares

Published November 13, 2026 Updated November 13, 2026 11:53am

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By Reuters

ByteDance, the Chinese owner of TikTok, is planning to buy back up to $6 billion worth of shares from existing investors at a valuation of about $400 billion, The Information reported on Thursday, citing a letter to shareholders and a person familiar with the plans.

Reuters could not immediately verify the report.

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BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 13	159.79 ▼ -0.13
USD to Swiss Franc / Nov 13	0.84 ▼ -0.0004
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0006
Euro to USD / Nov 13	1.11 ▲ 0.0001
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
India Sensex / Nov 13	81,418.07
Tokyo Nikkei / Nov 13	61,142.35
Hang Seng / Nov 13	23,662.52
FTSE 100 / Nov 13	10,851.83
Germany DAX 30 / Nov 13	26,734.13
France CAC40 / Nov 13	8,354.18
S&P 500 / Nov 12	7,592.40
Nasdaq / Nov 12	25,366.09
Dow Jones / Nov 12	52,297.09

Item	Value
Petrol/Litre / Nov 13	335
Crude Oil USD/Barrel / Nov 13	88.91
Gold Spot USD/Ounce / Nov 13	3,891.79
Diesel/Litre / Nov 13	364
Cotton US¢/pound / Nov 13	82.40
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Chenab Ltd (Pref) / Nov 13 Chenab Limited (Pref)(CLCPS)	4.39 ▲ 0.63 (16.76%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)
AL-Noor Sugar / Nov 13 Al-Noor Sugar Mills Limited(ALNRS)	127.05 ▲ 11.55 (10%)

Stock	Price
Javedan Corp.(Pref) / Nov 13 Javedan Corp.(Pref)(JVDCPS)	49.11 ▼ -5.16 (-9.51%)
Mughal Energy / Nov 13 Mughal Energy Limited(GEM)(GEMMEL)	32.10 ▼ -3.15 (-8.94%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	71.55 ▼ -6.43 (-8.25%)
Nadeem Tex. / Nov 13 Nadeem Textile Mills Limited(NATM)	73.15 ▼ -4.85 (-6.22%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	13.18 ▼ -0.82 (-5.86%)
Reliance Weaving / Nov 13 Reliance Weaving Mills Limited(REWM)	161 ▼ -9 (-5.29%)
Jubilee Spinning / Nov 13 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	50 ▼ -2.63 (-5%)
Ideal Dynamics / Nov 13 Ideal Dynamics Limited(IDEAL)	54.53 ▼ -2.86 (-4.98%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.04 ▼ -0.21 (-4.94%)
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	132 ▼ -6.71 (-4.84%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	68,830,734 ▲ 0.04
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	44,455,202 ▲ 0.43
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	37,240,461 ▲ 0.48
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	24,769,778 ▲ 0.36
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,138,456 ▲ 1
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	18,621,126 ▲ 0.09
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	13,780,469 ▲ 0.09
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	10,909,429 ▲ 1.1
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	10,483,534 ▲ 1.5
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	9,453,365 ▲ 0.01

TikTok-owner ByteDance plans buyback at $400 billion valuation, The Information reports

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