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LexinFintech Holdings Ltd. Announces Share Repurchase Program
乐信乐信(US:LX) GlobeNewswire News Room·2025-07-24 19:11

Shenzhen, China, July 24, 2025 (GLOBE NEWSWIRE) -- On July 21, LexinFintech Holdings Ltd. (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, announced a share repurchase program. Specifically, the board of directors authorized the company to repurchase no more than US50millionworthofitsownsharesoverthenext12months;meanwhile,CEOXiaoWenjieplansto use his personalfundstopurchase nomorethanUS50 million worth of its own shares over the next 12 months; meanwhile, CEO Xiao Wenjie plans to use his personal funds to purchase no more than US10 million worth of the ADSs to increase his holdings of ...