360 DigiTech, Inc. Class A (HK:3660) has released an update.
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Qifu Technology, a prominent Credit-Tech platform in China, has successfully completed its 2024 share repurchase plan, acquiring over 15 million American depositary shares for nearly $350 million. The company has now announced a new 2025 buyback initiative, authorizing up to $450 million in share repurchases to be conducted throughout the year. These strategic repurchase plans underscore Qifu’s commitment to enhancing shareholder value in the financial markets.
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