ByteDance Offers Investors a Share Buyback , at $268 Billion Valuation.br The TikTok owner wants to buy "$5 billion worth br of shares from investors," Reuters reports.br ByteDance is offering to buy them for br $160 each, according to anonymous sources.br That price, which the company also br offered to its employees in November, .br would give the company br a $268 billion valuation.br That valuation is about 10 lower than a year ago when ByteDance carried out a different share buyback plan, Reuters reports. .br ByteDance has been moving toward br new areas like e-commerce, .br while winding down br its gaming brand, Nuverse.br ByteDance made the announcement about br its gaming division on Nov. 27.br We regularly review our businesses br and make adjustments to center on br long-term strategic growth areas. , ByteDance spokesperson, via Reuters.br Following a recent review, we've br made the difficult decision to br restructure our gaming business, ByteDance spokesperson, via Reuters.br Nuverse has been in operation for four years.