Bilibili launches $300M share buyback program to boost shareholder value over 24 months.

Bilibili Inc., a leading Chinese video community, announced a new $300 million share repurchase program authorized by its board. The program allows the company to buy back shares over the next 24 months through various market methods, funded by existing cash reserves. This move aims to enhance shareholder value and reflects confidence in the company's future. The board will periodically review and may adjust the program's size and terms based on market conditions.