BuybackJul 2, 2026, 08:47 AM
Yiren Digital Authorizes New $20M Share Repurchase Program
AI Summary
Yiren Digital Ltd. announced that its board of directors has authorized a new share repurchase program. Under this program, the company may repurchase up to $20 million of its Ordinary Shares and/or American depositary shares (ADSs) over the next 12 months. This represents up to 10% of its total issued and outstanding shares. The repurchases will be made from time to time in the open market or through other legally permissible means, funded by the company's existing cash balance.
Key Highlights
- Yiren Digital's board authorized a new share repurchase program.
- The company may repurchase up to $20 million in shares.
- The program is effective for the next 12 months.
- Up to 10% of total issued and outstanding Ordinary Shares and/or ADSs may be repurchased.
- Repurchases will be funded from existing cash balance.
Price Impact
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