HONG KONG - Futu Holdings Limited (NASDAQ:FUTU) has repurchased approximately $160 million worth of its American depositary shares as of Friday, according to a press release.
The repurchases were conducted under the company's share repurchase program announced on November 18, 2025. Each ADS represents the company's Class A ordinary shares.
Futu stated it may continue to execute repurchases from time to time under the existing program, subject to market conditions.
The company operates digital platforms Futubull and Moomoo, providing investment services including trade execution, clearing, margin financing, securities lending and wealth management. Futu also offers corporate services such as IPO distribution and investor relations solutions.
In other recent news, the China Securities Regulatory Commission (CSRC) plans to penalize Futu Holdings for operating without proper licenses in mainland China. The CSRC intends to impose a $271 million penalty on Futu Holdings.
