ByteDance Launches Stock Option Buyback Program at $241.35 per Share

ByteDance has announced a new round of stock option repurchases, initiating the program on October 13, 2026. The buyback price is set at $241.35 per share, consistent with the price that was circulated in early September. This repurchase program includes participation from former employees, particularly those who recently departed due to business adjustments, who will receive the same buyback price as current employees without any discount.

The repurchase terms vary based on the type of stock options granted. For total package options and other types granted upon joining, employees can apply for repurchase of 50% of the vested shares after vesting, with an increase of 10% for each additional year. Performance-based options granted before January 1, 2026, allow for 100% of vested shares to be repurchased after vesting, while those granted on or after that date will allow for 55% to be repurchased, increasing by 15% for each additional year thereafter. Bonus-based options have a different structure, permitting 50% of vested shares to be repurchased one year after the first vesting date and 100% after two years.

The company letter also specified that total package options granted upon joining require approximately five years to achieve full vesting, while performance-based options typically take about three to four years. This structured approach aims to provide flexibility and support for both current and former employees as they navigate their stock options.

© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: KLEA News