Qifu Technology-S (03660) announced that as of March 28, 2024, the company had basically used up the total authorized value of the 2023 share repurchase plan. That is, the company has purchased a total of about 9.348,500 American depository shares in the open market according to the plan, with a total amount of about US$150 million (including commissions), with an average price of US$16.02 per American depository share. According to the applicable rules and regulations, the company intends to cancel all repurchased shares.
On March 12, 2024, the board of directors of the company approved a new share repurchase plan. According to this, the company can repurchase American depository shares or Class A common shares with a total value of no more than US$350 million within 12 months from April 1, 2024. The company has begun implementing the 2024 share repurchase plan.