LexinFintech Holdings Ltd. Announces Share Repurchase Program
1. LexinFintech announced a $50 million share repurchase program. 2. CEO plans to buy $10 million worth of shares to signal confidence. 3. Company's EBIT grew 104.7% YoY, indicating strong performance. 4. Dividend payout ratio to increase from 25% to 30% starting 2025. 5. Total shareholder return projected to rise to 13%, attractive for investors.