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      ByteDance Increases Doubao Share Price to $17.02 and Introduces Cash Exchange Option

      ByteDance has announced a new price adjustment for Doubao shares, raising the price from $14.85 to $17.02 per share, marking an increase of approximately 14.6%. This change follows a significant rise in the stock's value, which has surged about 30.1% since April, when it was priced at $13.08.

      In addition to the price adjustment, ByteDance has expanded the issuance of Doubao stocks, allowing some employees to receive a total package increase of around 5%. Employees will also have the option to convert a portion of their cash compensation into Doubao stocks, with the conversion rate dependent on their job level.

      These adjustments primarily affect employees in the large model departments under Seed, which includes pre-training, multimodal, and VLM teams, as well as the Doubao main APP team under Flow. The recent performance of Doubao stocks has outpaced the increase of ByteDance options, which rose by approximately 14.5% during the same timeframe.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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