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Futu: Completes $160 Million American Depositary Shares Buyback

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On May 23, Futu Holdings announced that as of May 23, 2026, the company has repurchased approximately $160 million worth of American Depositary Shares, corresponding to the company's Class A ordinary shares. This buyback is being carried out in accordance with the share repurchase plan announced on November 18, 2025. The company will continue to conduct buyback operations as appropriate within the existing framework, considering market conditions. Following a severe penalty imposed by the China Securities Regulatory Commission (proposed fine of 1.85 billion yuan), Futu's stock price plummeted nearly 35% to $80.55 at the beginning of trading yesterday, marking a new low for over a year.
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