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Ant Group shelves share buyback programme for current and departing staff: Bloomberg - Metro US

Ant Group shelves share buyback programme for current and departing staff: Bloomberg

FILE PHOTO: A sign of Ant Group is seen during the World Internet Conference (WIC) in Wuzhen

(Reuters) – Jack Ma’s Ant Group Co has shelved a share buyback programme for current and departing staff, partly because of uncertainty over how to value the company, Bloomberg News reported on Tuesday, citing executives familiar with the matter.

(Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)

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