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X Financial Increases Acceptance of American Depositary Shares' Tender Offer to Match ADS' Validly Tendered
X Financial (XYF) said Monday it is accepting all 2,026,640 American depositary shares validly tendered and not withdrawn for purchase Friday, increasing from the previously announced 2 million.The
x financial (XYF.US) announced that the total amount of ADS repurchased increased to 2.0266 million shares.
On July 15th, Gelonhui reported that XYF.US announced the results of its previously announced tender offer. The company plans to purchase up to 2 million ADS at a price of $4.52 per ADS. Each ADS represents six shares of Class A common stock with a par value of $0.0001. In addition, applicable withholding taxes and a $0.05 cancellation fee per ADS, which will be paid to the company's ADS depositary bank, the Bank of New York Mellon, must be deducted.
Express News | X Financial Announces Results of Tender Offer
Express News | X Financial Commences a Tender Offer to Repurchase Approximately $9.04 Million of Its Adss
Earnings Call Summary | X Financial(XYF.US) Q1 2024 Earnings Conference
The following is a summary of the X Financial (XYF) Q1 2024 Earnings Call Transcript:Financial Performance:Q1 2024 reported total net revenue of RMB 1.2 billion, up 20% year-over-year.Net income incre
Xiaoying Technology (XYF.US): First quarter revenue of RMB 1,208 billion
Gelonghui, May 31,丨Xiaoying Technology (XYF.US) announced unaudited financial results for the first quarter ended March 31, 2024. Total net revenue for the first quarter of 2024 was RMB 1,208 million (approximately US$167.3 million), up 20.2% year on year; net income per share of basic and diluted American Depositary Shares was RMB 7.44 (US$1.03) and RMB 7.32 (US$1.01), respectively, compared with RMB 5.94 and RMB 5.82 respectively for the same period in 2023. The company's president Mr. Kent Li commented, “We
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