Revolut Offers to Buy Back Up to 10% of Shares at $45 Billion Valuation: Report

Revolut has initiated a tender offer to repurchase up to 10% of its shares from eligible investors, valuing the company at $45 billion, or approximately $865.42 per share.

The buyback program is primarily aimed at early backers and aims to provide liquidity while the company delays its public offering plans.

In addition to the buyback, Revolut is engaging in a secondary share sale to further facilitate liquidity for employees and investors.

Source: financemagnates.com