Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow Zheping Huang / Bloomberg : Bloomberg 2024-03-20 Zheping Huang Tencent, Zheping Huang / Bloomberg Related Coverage China's Tencent posts weak revenue growth, plans to double buybacks Reuters Tencent doubles share buy-backs while annual and quarterly results miss estimates amid weaker video gaming sales South China Morning Post Tencent to double buybacks after another muted year Proactive · Josh Lamb Profits Slide at China's Tencent as 2023 Revenues Hold Steady Variety · Patrick Frater Tencent Announces 2023 Annual And Fourth Quarter Results Tencent