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China#39;s Meituan launches $1 billion share buyback program

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Meituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1 billion but it would depend on the company#39;s cash position due to plans to invest in new initiatives and explore overseas investments.

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​ Meituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1 billion but it would depend on the company#39;s cash position due to plans to invest in new initiatives and explore overseas investments. Meituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1 billion but it would depend on the company#39;s cash position due to plans to invest in new initiatives and explore overseas investments.  Moneycontrol Latest News Read More  

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