Qifu Technology, Inc (QFIN) has released an update.
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Qifu Technology, a leading Chinese Credit-Tech platform, has nearly completed its 2023 Share Repurchase Plan, with $150 million worth of shares bought back and plans to cancel them. The company has also launched a new repurchase plan for 2024, aiming to buy back up to $350 million worth of shares over 12 months, starting April 1, 2024. These strategic moves demonstrate Qifu’s commitment to enhancing shareholder value and confidence in its financial stability.
For further insights into QFIN stock, check out TipRanks’ Stock Analysis page.
