Tencent Music announces biggest ever $1 billion share buyback By Reuters
(Reuters) - China's Tencent (HK:0700) Music Entertainment Group announced a $1 billion share repurchase plan, its biggest, late on Sunday, days after the U.S. securities regulator adopted stricter measures for foreign companies listed on American stock exchanges. The Chinese music streaming company may buy back up to $1 billion of its Class A ordinary shares in the form of American depositary shares...
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