SEA Limited Buyback Shares For 1Billion After Q3 Earnings

$Sea Ltd(SE)$  

buyback news

       Sea Limited (NYSE: SE) announced its third-quarter 2026 financial results alongside an authorization for a $1 billion share buyback program.

Q3 2026 Financial Highlights

• Revenue: Rose 43.4% year-over-year to $8.58 billion, beating Wall Street consensus estimates of around $8.05 billion–$8.08 billion.

• Earnings Per Share (EPS): Reported adjusted EPS of $0.78, narrowly missing or falling short of analyst expectations (which ranged near $0.78–$0.99 depending on estimates) due to rising expenses.

• Adjusted EBITDA: Reached $931.3 million, which fell short of expectations (around $990 million) as heavy investments in artificial intelligence (AI) and cloud computing weighed on margins.

• Segment Performance:

 • Shopee (E-commerce): Revenue surged 41.3% to $6.1 billion, with GMV up 23.3% to $39.7 billion.

 • Monee (Digital Financial Services): Revenue jumped 63.9% to $1.6 billion, though credit-loss provisions and loan growth costs rose.

 • Garena (Digital Entertainment): Revenue grew 28.6% to $840.1 million with adjusted EBITDA of $458.2 million.

Share Buyback News

• Previous Buyback Completion: Sea nearly exhausted its prior $1 billion share repurchase program, having bought back 11.1 million shares for $997.2 million.

• New Buyback Authorization: On November 9, 2026, Sea's board authorized a new $1 billion share repurchase program with no expiration date.

• Market Reaction: Despite strong top-line revenue growth and the new buyback announcement, Sea shares experienced volatility and initial pre-market pressure as investors weighed margin compression from AI and cloud infrastructure spending against intense e-commerce competition from rivals like TikTok Shop and Lazada.