FinVolution Group (FINV) Expands Share Buyback to $140M

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Go back to FinVolution Group (FINV) Expands Share Buyback to $140M

FinVolution Group Expands Share Repurchase Program to US$140 million

August 22, 2022 5:35 PM EDT

SHANGHAI, Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that on August 21, 2022, the board of directors of the Company approved the expansion of FinVolution's existing share repurchase program from up to US$60 million to up to US$140 million and the extension for another twelve months from January 1, 2023 through December 31, 2023, which allows the Company to repurchase its own Class A ordinary shares in the form of American depositary shares... More