Key Takeaways
FinVolution Group (NYSE: FINV) announced a new two-year share repurchase program of up to $150 million, as the fintech company’s stock trades near a 52-week low.
"Shareholder return remains a cornerstone of our capital allocation strategy," Tiezheng Li, Vice Chairman and Chief Executive Officer of FinVolution Group, said. "The New Share Repurchase Program is also our fifth share repurchase program, reflecting our continued commitment to shareholder value creation."
The program, effective from May 30, 2026, to May 29, 2028, was announced as shares trade at $4.49, just above their 52-week low of $4.35. The stock has fallen 45 percent over the past year. The company offers a 6.4 percent dividend yield and trades at a price-to-earnings ratio of 3.39.
The buyback authorization follows a difficult fourth-quarter 2025 for FinVolution, where both earnings and revenue missed analyst expectations by over 15 percent. This new program suggests management’s confidence in its strategy and may serve to support the stock price.
Chairman Shaofeng Gu added that the board’s approval "reflects our conviction in the Company’s growth trajectory and disciplined approach to capital allocation."
Since initiating its first buyback on March 21, 2018, FinVolution has deployed approximately $516.7 million to repurchase its American Depositary Shares through March 31, 2026.
The company stated repurchases may be made on the open market, in privately negotiated transactions, or through other legally permissible means.
The commitment to return capital to shareholders, even after a significant earnings miss, suggests the board believes the market is undervaluing its international growth and domestic stability. Investors will watch for the execution of the buyback and its impact on earnings per share in the upcoming quarters.
This article is for informational purposes only and does not constitute investment advice.
