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Tencent Music announces new $1B share repurchase program

Tencent Music announces new $1B share repurchase program

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.

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