Fanhua, subsidiary of Highest Performances Holdings Inc., Expands its Share Repurchase Program and Announces Management Share Buyback Program
FANHFanhua(FANH) Prnewswire·2024-07-08 21:15

GUANGZHOU, China, July 8, 2024 /PRNewswire/ -- Fanhua Inc. (Nasdaq: FANH) (the "Company" or "Fanhua"), a leading independent technology-driven financial services provider in China, today announced that its board of directors (the "Board") has authorized the expansion of the Company's share repurchase program by an additional US20million,bringingthetotalauthorizedamountofsharerepurchasetoUS20 million, bringing the total authorized amount of share repurchase to US40 million. The share repurchase program was intended to enhance shareholder returns and signals the Compan ...