FinVolution authorizes third share repurchase program of up to $150M

FinVolution has authorized a new share repurchase program effective on August 29, under which the company is approved to repurchase its own Class A ordinary shares in the form of ADSs with an aggregate value of up to $150M until August 29, 2025. FinVolution plans to fund the repurchases out of its existing cash balance or future cash provided by its operating activities.