CNFinance Boosts Share Buyback Program

CNFinance Holdings (CNF) has released an update.

CNFinance Holdings Limited, a prominent provider of home equity loan services in China, has announced an increase in its share repurchase program from $20 million to $30 million, starting May 27, 2024. This decision follows the company’s previous repurchase of approximately $18.5 million in American depositary shares (ADSs). The expansion aims to reinforce shareholder value and the company’s commitment to robust financial management.

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