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Dow Jones Newswires: China’s Meituan plans share buyback valued at up to $1 billion

By P.R. Venkat

Meituan, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $1.0 billion, a day after announcing solid third-quarter results.

The company said shares will be repurchased from the open market starting Dec. 1.


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