Futu_Holdings repurchases US$290M shares
Analysis based on 9 articles · First reported May 23, 2026 · Last updated May 27, 2026
The share repurchases by Nubank are generally viewed positively by the market, as they can reduce the number of outstanding shares, thereby increasing earnings per share and potentially boosting the stock price. This action signals management's confidence in the company's valuation and future performance, which can attract investors.
Nubank Limited announced that it has repurchased approximately US$160 million worth of its American depositary shares (ADSs) as of May 23, 2026, under a share repurchase program initiated on November 18, 2025. Subsequently, the company updated that its cumulative repurchases under the program reached approximately US$290 million as of May 27, 2026. The program allows Nubank to repurchase up to US$800 million worth of ADSs until December 31, 2027. These repurchases are intended to enhance shareholder value and are subject to market conditions.
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