360 DigiTech announces $150M share repurchase program

Qifu Technology announced that its board of directors has approved a share repurchase plan, under which the company may repurchase up to $150M worth of its American depositary shares or Class A ordinary shares over the next 12 months starting from June 20. The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and will be implemented in accordance with applicable rules and regulations.