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Yiren Digital shares are trading higher as the company reaffirmed its $20 million share buyback program and highlighted a strong cash position of $250 million.

BenzingaBenzinga Newsdesk

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  1. BenzingaBenzinga Newsdesk

    Yiren Digital Issues Update On Developments Concerning Affiliates Of Its Controlling Shareholder; Investigation Relates To Business Activities Outside The Company And Is Not Directly Related To Its Business Operations; Reaffirms Intention To Continue Its Previously Announced Share Repurchase Program

    Yiren Digital Ltd. (NYSE:YRD) ("Yiren Digital" or the "Company"), a leading company specializing in financial technology and artificial intelligence innovation across multiple industries in China and