Yiren Digital reaffirms $20 million buyback plan
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- Yiren Digital (NYSE:YRD) reaffirmed its plan to continue a US$20 million share repurchase program authorized for a 12-month period beginning July 2026.
- The company reported cash and cash equivalents of approximately RMB1.7 billion, or US$250 million, as of June 30, 2026.
- Yiren Digital said it continues assessing potential financial impacts from recent developments involving related-party loan receivables.
Yiren Digital (NYSE:YRD) reaffirmed its intention to continue implementing its previously announced share repurchase program of up to US$20 million.
The company’s board authorized the program on July 2, 2026, with the repurchase period extending for 12 months.
For the quarter ended June 30, 2026, Yiren Digital recognized a provision for credit losses on certain related-party loan receivables after reassessing their recoverability.
The company reported approximately RMB1.7 billion in cash and cash equivalents as of June 30, 2026, equal to about US$250 million.
Yiren Digital operates financial technology platforms focused on digital lending, wealth management, and related financial services in China.
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