Yiren Digital Authorizes $20 Mln Share Repurchase Program' Shares Up
(RTTNews) - Yiren Digital Ltd. (YRD) on Thursday announced a share repurchase program of up to $20 million.
Under the program, the company may repurchase up to 10% of its issued and outstanding ordinary shares and/or American depositary shares over the next 12 months, effective immediately.
The company said it expects to fund the repurchases from its existing cash balance.
In the pre-market trading, Yiren Digital is 31.36% higher at $1.1808 on the New York Stock Exchange.
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