Stock Track | LexinFintech Soars 5.38% Pre-market on $50 Million Share Buyback Announcement

Stock Track

Jul 21

LexinFintech Holdings Ltd. (NASDAQ: LX) saw its stock surge 5.38% in pre-market trading on Monday, following the company's announcement of a significant share repurchase program. The Chinese fintech firm has authorized a buyback of up to $50 million worth of its shares over the next twelve months, signaling strong confidence in its business fundamentals and growth prospects.

The repurchase program, approved by LexinFintech's board of directors, allows the company to buy back shares through various means, including open market transactions and block trades. This strategic move is aimed at enhancing shareholder value and demonstrates the company's positive outlook on its future performance.

Adding to the positive sentiment, LexinFintech's Chairman and CEO, Jay Wenjie Xiao, has personally committed to purchasing up to $10 million worth of the company's American Depository Shares (ADSs) within the next year. This additional investment by the company's top executive further underscores management's confidence in LexinFintech's potential.

Investors are reacting favorably to this news, as share buybacks typically reduce the number of outstanding shares, potentially increasing earnings per share and stock value. The pre-market rally suggests that market participants view this announcement as a strong positive signal for LexinFintech's future prospects in the competitive Chinese fintech sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/1176456393"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1176456393\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1176456393?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-21 18:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1176456393","market":"hk","top_or_hot":-1,"title":"Stock Track | LexinFintech Soars 5.38% Pre-market on $50 Million Share Buyback Announcement","media":"Stock Track","content":"<p>LexinFintech Holdings Ltd. (NASDAQ: LX) saw its stock surge 5.38% in pre-market trading on Monday, following the company's announcement of a significant share repurchase program. The Chinese fintech firm has authorized a buyback of up to $50 million worth of its shares over the next twelve months, signaling strong confidence in its business fundamentals and growth prospects.</p>\n\n<p>The repurchase program, approved by LexinFintech's board of directors, allows the company to buy back shares through various means, including open market transactions and block trades. This strategic move is aimed at enhancing shareholder value and demonstrates the company's positive outlook on its future performance.</p>\n\n<p>Adding to the positive sentiment, LexinFintech's Chairman and CEO, Jay Wenjie Xiao, has personally committed to purchasing up to $10 million worth of the company's American Depository Shares (ADSs) within the next year. This additional investment by the company's top executive further underscores management's confidence in LexinFintech's potential.</p>\n\n<p>Investors are reacting favorably to this news, as share buybacks typically reduce the number of outstanding shares, potentially increasing earnings per share and stock value. The pre-market rally suggests that market participants view this announcement as a strong positive signal for LexinFintech's future prospects in the competitive Chinese fintech sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | LexinFintech Soars 5.38% Pre-market on $50 Million Share Buyback Announcement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | LexinFintech Soars 5.38% Pre-market on $50 Million Share Buyback Announcement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-07-21 18:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LexinFintech Holdings Ltd. (NASDAQ: LX) saw its stock surge 5.38% in pre-market trading on Monday, following the company's announcement of a significant share repurchase program. The Chinese fintech firm has authorized a buyback of up to $50 million worth of its shares over the next twelve months, signaling strong confidence in its business fundamentals and growth prospects.</p>\n\n<p>The repurchase program, approved by LexinFintech's board of directors, allows the company to buy back shares through various means, including open market transactions and block trades. This strategic move is aimed at enhancing shareholder value and demonstrates the company's positive outlook on its future performance.</p>\n\n<p>Adding to the positive sentiment, LexinFintech's Chairman and CEO, Jay Wenjie Xiao, has personally committed to purchasing up to $10 million worth of the company's American Depository Shares (ADSs) within the next year. This additional investment by the company's top executive further underscores management's confidence in LexinFintech's potential.</p>\n\n<p>Investors are reacting favorably to this news, as share buybacks typically reduce the number of outstanding shares, potentially increasing earnings per share and stock value. The pre-market rally suggests that market participants view this announcement as a strong positive signal for LexinFintech's future prospects in the competitive Chinese fintech sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LX","symbol_name":"乐信","start_time":0,"source_url":"","article_id":"1176456393","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1176456393","pubTimestamp":1753092383,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"LexinFintech Holdings Ltd. (NASDAQ: LX) saw its stock surge 5.38% in pre-market trading on Monday, following the company's announcement of a significant share repurchase program. The Chinese fintech...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LX":"乐信"},"translate_title":"个股追踪|乐信金融科技宣布5000万美元股票回购盘前大涨5.38%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LX":1},"content_text":"LexinFintech Holdings Ltd. (NASDAQ: LX) saw its stock surge 5.38% in pre-market trading on Monday, following the company's announcement of a significant share repurchase program. The Chinese fintech firm has authorized a buyback of up to $50 million worth of its shares over the next twelve months, signaling strong confidence in its business fundamentals and growth prospects.\nThe repurchase program, approved by LexinFintech's board of directors, allows the company to buy back shares through various means, including open market transactions and block trades. This strategic move is aimed at enhancing shareholder value and demonstrates the company's positive outlook on its future performance.\nAdding to the positive sentiment, LexinFintech's Chairman and CEO, Jay Wenjie Xiao, has personally committed to purchasing up to $10 million worth of the company's American Depository Shares (ADSs) within the next year. This additional investment by the company's top executive further underscores management's confidence in LexinFintech's potential.\nInvestors are reacting favorably to this news, as share buybacks typically reduce the number of outstanding shares, potentially increasing earnings per share and stock value. The pre-market rally suggests that market participants view this announcement as a strong positive signal for LexinFintech's future prospects in the competitive Chinese fintech sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}