Ant Group Announces Share Repurchase Plan Valued at 567.1 Billion Yuan After Regulator Fine

Ant Group Announces Share Repurchase Plan Valued at 567.1 Billion Yuan After Regulator Fine

Ant Group Announces Share Repurchase Plan Overview Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion). The move aims to replenish its staff incentive pool and allow some investors to exit after the company faced regulatory fines. Downfall in Value Ant Group’s valuation has…

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