Asia Tech Wire (Oct 10) -- ByteDance has just released an email for its latest round of option buybacks, according to former employees at the TikTok parent company.

The notice shows a pre-tax buyback price of $180.7 per share for current employees and $153.6 for former employees.

ByeteDance's last buyback was in April 2024, just six months prior to the current buyback.

Compared to April, the current buyback price for current employees is 5.79% higher than the last time, meaning ByteDance's valuation has risen again.

Sources familiar with the matter said at the end of September that ByteDance would sign a $10.8 billion loan, which would be the largest-ever dollar-denominated corporate financing in Asia outside of Japan.