LexinFintech Soars 9.97% on $50M Buyback, CEO's $10M Purchase

On July 21, 2025, Lexinfintech's stock surged by 9.97% in pre-market trading, marking a significant uptick in investor confidence and market sentiment.

LexinFintech Holdings Ltd. has announced a $50 million share repurchase program, demonstrating its commitment to enhancing shareholder value and supporting market operations. This initiative, authorized by the board of directors, allows the company to buy back up to $50 million of its shares over the next twelve months. The program reflects the company's confidence in its business strategy and growth prospects.

In a notable move, CEO Jay Wenjie Xiao has expressed his personal support for the company by planning to purchase $10 million of company shares. This action underscores the leadership's belief in the company's future and its dedication to aligning the interests of management with those of shareholders.