Globe News Wire
27 May 2026, 04:00 UTC · 2h ago
Source · https://www.globenewswire.com/news-release/2026/05/27/3301599/0/en/futu-announces-cumulative-repurchases-of-approximately-us-290-million-worth-of-adss-under-share-repurchase-program.html
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Futu Holdings has repurchased approximately US$290 million worth of its ADSs as part of an ongoing share repurchase program. — Share buybacks typically provide price support and signal management's confidence in the company's intrinsic value.
+0.40Futu has an existing authorization to repurchase up to US$800 million worth of ADSs through December 31, 2027. — The significant remaining headroom in the buyback program suggests potential for continued upward pressure on the stock price.
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The company announced significant cumulative share repurchases of approximately $290 million, though it also mentioned receiving a notice of investigation.
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