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Stock impact report

Fanhua Provides Update on its Share Buyback Program for the Week of May 13, 2019

Fanhua Inc. - American depositary shares, each representing 20 ordinary shares (FANH) 
Last fanhua inc. - american depositary shares, each representing 20 ordinary shares earnings: 3/18 04:55 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.fanhuaholdings.com
Company Research Source: GlobeNewswire
GUANGZHOU, China, May 20, 2019 (GLOBE NEWSWIRE) -- Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that it has repurchased 68,499 of its American Depository Shares (“ADSs”) at an average price of approximately US$25.2 per ADS for a total amount of approximately US$1.7 million for the week of May 13, 2019. From March 13, 2019 to May 17, 2019, it has purchased an aggregate of 1,428,859 ADSs, at an average price of approximately US$25.8 per ADS for a total amount of approximately US$36.8 million, under its share buyback program to repurchase up to US$200 million ADSs by December 31, 2019, as previously announced by its board of directors in March 2019. Pursuant to its share buyback programs executed in 2018 and 2019, a total of 2,852,633 ADSs have been repurchased at an average price of approximately US$25.6 per ADS for a total amount of approximately US$73.1 million, as of March 17, 2019. About Fanhu Show less Read more
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