LexinFintech Announces $50mln Share Repurchase Program
ByAinvest
Thursday, Jul 24, 2025 7:18 am ET1min read
LX--
The share repurchase program allows LexinFintech to buy back shares through various methods, depending on market conditions. The company's CEO, Jay Wenjie Xiao, has also expressed his intention to use personal funds to purchase up to $10 million worth of American depository shares (ADSs) within the same timeframe [1].
The announcement comes amidst strong financial performance, with the company reporting significant quarter-over-quarter growth in profit margins for four consecutive quarters. Non-GAAP EBIT reached RMB 580 million in Q1 2025, up 104.7% year-over-year and 25.3% quarter-over-quarter [1].
Investors have shown increased interest in LexinFintech, with 72 institutional investors adding shares to their portfolios in the most recent quarter, while 53 decreased their positions [1]. The stock has experienced a 7.6% decline over the past week but maintains an impressive 286% return over the last year [2].
While the share repurchase program demonstrates confidence in the company's future, it may also indicate limited growth opportunities. Additionally, the reliance on forward-looking statements introduces uncertainty and potential risks [1]. Mr. Xiao's personal share purchase could raise concerns about potential conflicts of interest [1].
For more information, visit LexinFintech's investor relations website at [http://ir.lexin.com](http://ir.lexin.com).
References:
[1] https://www.quiverquant.com/news/LexinFintech+Holdings+Ltd.+Announces+%2450+Million+Share+Repurchase+Program
[2] https://www.investing.com/news/company-news/lexinfintech-authorizes-50-million-share-repurchase-program-93CH-4143256
LexinFintech Holdings Ltd. has announced a share repurchase program of up to $50 million over the next 12 months. CEO Xiao Wenjie will also use his personal funds to purchase up to $10 million worth of ADSs, demonstrating the management's confidence in the company's development. The company's profit margin has recorded significant quarter-over-quarter growth for four consecutive quarters, with Non-GAAP EBIT reaching RMB 580 million in Q1 2025, up 104.7% YoY and 25.3% QoQ.
LexinFintech Holdings Ltd., a leading technology-driven personal financial service provider in China, has announced a share repurchase program of up to $50 million over the next 12 months. The program, authorized by the company's board of directors, reflects confidence in LexinFintech's business fundamentals and growth opportunities [1].The share repurchase program allows LexinFintech to buy back shares through various methods, depending on market conditions. The company's CEO, Jay Wenjie Xiao, has also expressed his intention to use personal funds to purchase up to $10 million worth of American depository shares (ADSs) within the same timeframe [1].
The announcement comes amidst strong financial performance, with the company reporting significant quarter-over-quarter growth in profit margins for four consecutive quarters. Non-GAAP EBIT reached RMB 580 million in Q1 2025, up 104.7% year-over-year and 25.3% quarter-over-quarter [1].
Investors have shown increased interest in LexinFintech, with 72 institutional investors adding shares to their portfolios in the most recent quarter, while 53 decreased their positions [1]. The stock has experienced a 7.6% decline over the past week but maintains an impressive 286% return over the last year [2].
While the share repurchase program demonstrates confidence in the company's future, it may also indicate limited growth opportunities. Additionally, the reliance on forward-looking statements introduces uncertainty and potential risks [1]. Mr. Xiao's personal share purchase could raise concerns about potential conflicts of interest [1].
For more information, visit LexinFintech's investor relations website at [http://ir.lexin.com](http://ir.lexin.com).
References:
[1] https://www.quiverquant.com/news/LexinFintech+Holdings+Ltd.+Announces+%2450+Million+Share+Repurchase+Program
[2] https://www.investing.com/news/company-news/lexinfintech-authorizes-50-million-share-repurchase-program-93CH-4143256
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet