Fintech leader FinVolution authorizes new two-year, $150M share buyback program

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FinVolution Group (FINV [https://seekingalpha.com/symbol/FINV]) has announced a new share repurchase program [https://seekingalpha.com/pr/20527056-finvolution-group-announces-new-share-repurchase-program-of-up-to-us-150-million], effective from May 30, 2026, that allows the company to buy back up to $150 million in shares, including American Depositary Shares (ADSs), from May 30, 2026, to May 29, 2028.

The repurchases may occur on the open market, in private deals, in block trades, or by other legal methods, depending on market conditions and regulations.

The board will review the program regularly and may make changes to its terms and size.

"Since the initial launch of our first share repurchase program on March 21, 2018, through March 31, 2026, we have cumulatively deployed approximately US$516.7 million to repurchase the Company's ADSs. The New Share Repurchase Program is also our fifth share repurchase program, reflecting our continued commitment to shareholder value creation," said Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution Group.

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