<div id="readability-page-1" class="page"><div>[SINGAPORE] Consumer Internet company Sea Ltd on Monday (Nov 17) announced a share repurchase programme under which it may buy back up to US$1 billion of its American depositary shares.“The timing and amount of any share repurchases under the authorisation will be determined based on market conditions and other considerations,” said Sea in a press statement.The share buyback may include open market purchases, privately negotiated transactions, block trades, derivative transactions, trading plans, or any combination of such methods.The New York Stock Exchange (NYSE)-listed company added that the programme demonstrates its “confidence in its long-term prospects”, and will allow it to opportunistically repurchase its shares.Morningstar analyst Chelsey Tam said last Wednesday that Sea’s stock remained undervalued, with the “market yet to fully reflect its long-term growth potential”. Shares of Sea on NYSE closed 0.6 per cent up at US$140.85 on Friday.It reported a 144.6 per cent rise in its third-quarter earnings to US$375 million on Nov 11, up from US$153.3 million in the year-ago period. In October, Sea founder Forrest Li told his employees that the company could hit a US$1 trillion market capitalisation at some point, thanks to artificial intelligence.Sea owns digital entertainment company Garena, e-commerce platform Shopee and the digital financial services firm Monee.</div></div>

Sea 有限公司宣佈了一項高達 10 億美元的美國存托股票回購計劃。回購的時間和金額將取決於市場狀況。這家在紐約證券交易所上市的公司旨在展示對其長期前景的信心。Sea 的股票收盤上漲 0.6%，報 140.85 美元。該公司報告第三季度收益增長 144.6%，達到 3.75 億美元。Sea 擁有 Garena、Shopee 和 Monee

Sea announces share buyback of up to US$1 billion

- Sea Ltd 宣佈將回購最多 10 億美元的美國存托股票。  
- 回購的時機和金額將根據市場情況決定。  
- 公司表示此舉反映其對長期前景的信心。

Sea 宣佈將回購股票，金額最高可達 10 億美元