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.
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