Qifu Technology Provides Updates on Share Repurchase Plans
Qifu Technology, Inc - American Depositary Shares (QFIN)
Company Research
Source: GlobeNewswire
SHANGHAI, China, April 02, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today provided updates on its share repurchase plans. On June 20, 2023, the Company announced a share repurchase plan (the “2023 Share Repurchase Plan”), whereby the Company is authorized to repurchase its American depositary shares (“ADSs”) or Class A ordinary shares with an aggregate value of up to US$150 million during the 12-month period from June 20, 2023. As of March 28, 2024, the Company had utilized substantially all of the total authorized value for the 2023 Share Repurchase Plan----the Company had in aggregate purchased 9,348,543 ADSs in the open market for a total amount of US$149,979,804 (inclusive of commissions) at an average price of US$16.02 per ADS pursuant to the plan. The Company intends to cancel all of the repurchased shares in accordance with applicable rules and regulations. On Mar
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QFIN
News
- Qifu Technology Releases 2023 ESG ReportGlobeNewswire
- Qifu Technology Filed 2023 Annual Report on Form 20-FGlobeNewswire
- Qifu Technology, Inc. (NASDAQ: QFIN) had its price target raised by analysts at Citigroup Inc. from $23.54 to $23.80. They now have a "buy" rating on the stock.MarketBeat
- 360 DigiTech, Inc. (NASDAQ:QFIN) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Qifu Technology Announces Fourth Quarter and Full Year 2023 Unaudited Financial Results, Declares Semi-Annual Dividend and Announces a New Share Repurchase PlanGlobeNewswire
QFIN
Earnings
- 3/12/24 - Beat
QFIN
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/26/24 - Form 20-F
- QFIN's page on the SEC website