Sea Limited Announces $1 Billion Buyback, Shares Rise

Benzinga · Nov 18, 2025 03:04

Sea Limited (NYSE:SE)shares are trending higher on Monday following news that its board of directors approved a $1 billion stock buyback program.

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What Happened:Sea announced that its board authorized a share repurchase plan that allows the company to repurchase up to $1 billion of its American depositary shares (ADS). Each ADS represents one Class A ordinary share.

Sea said the buyback initiative reflects confidence in the company's long-term goals and allows the company to opportunistically repurchase shares. Repurchases may be made in the open market or through...

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