Futu (Nasdaq:FUTU) announced that cumulative repurchases under its share repurchase program have reached approximately US$290 million of American depositary shares representing Class A ordinary shares.
The program, announced on November 18, 2025, authorizes up to US$800 million in repurchases through December 31, 2027, with further buybacks possible subject to market conditions.
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Positive
Cumulative ADS repurchases reached approximately US$290 million under the program
Share repurchase authorization totals up to US$800 million through December 31, 2027
Ongoing flexibility to continue ADS buybacks subject to market conditions
Negative
None.
News Market Reaction – FUTU
+2.34%
58 alerts
+2.34%Session close to close
+4.5%Peak Tracked
-8.2%Trough Tracked
$16.47BMarket Cap
0.4xRel. Volume
In the May 27 session, FUTU gained 2.34%, reflecting a moderate positive market reaction.
Argus tracked a peak move of +4.5% during that session.
Argus tracked a trough of -8.2% from its starting point during tracking.
Our momentum scanner triggered 58 alerts that day, indicating high trading interest and price volatility.
This announcement highlights that FUTU has executed cumulative repurchases of approximately US$290 m...
Analysis
This announcement highlights that FUTU has executed cumulative repurchases of approximately US$290 million in ADSs under a share repurchase program authorizing up to US$800 million through December 31, 2027. It follows recent capital return via an aggregate dividend of approximately US$365 million. In context with earlier regulatory disclosures and rapid revenue growth to HK$22.8 billion (US$2.9 billion) in 2025, investors may watch how future buyback activity interacts with upcoming earnings and regulatory developments.
Key Figures
Cumulative repurchases:approximately US$290 millionBuyback authorization:up to US$800 millionDividend per share:US$0.325 per ordinary share+5 more
8 metrics
Cumulative repurchasesapproximately US$290 millionADS buybacks under share repurchase program as of this announcement
Buyback authorizationup to US$800 millionMaximum ADS repurchases allowed through December 31, 2027
Dividend per shareUS$0.325 per ordinary shareCash dividend approved in 6-K dated 2026-04-02
Dividend per ADSUS$2.6 per ADSCash dividend for ADS holders per 6-K dated 2026-04-02
Aggregate dividendapproximately US$365 millionTotal dividend payment described in 6-K on 2026-04-02
2023 revenueHK$10.0 billionTotal revenues for 2023 per Form 20-F
2024 revenueHK$13.6 billionTotal revenues for 2024 per Form 20-F
2025 revenueHK$22.8 billion (US$2.9 billion)Total revenues for 2025 per Form 20-F
Filing of 2025 Form 20-F with audited results and risk disclosures.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent positive or neutral corporate updates often coincided with negative price reactions, while regulatory and disclosure items have produced mixed but sometimes sharp moves.
Recent Company History
Over the last few months, FUTU has seen several notable events. A May 22, 2026 CSRC investigation notice coincided with a -27.53% move, and the same day a crypto expansion update also saw a -27.53% reaction. Earlier, an earnings date announcement on May 19, 2026 led to a -5.47% move and an April API launch to -4.12%. By contrast, the April 15, 2026 Form 20-F filing saw a modest +1.78% gain. Today’s buyback update follows this backdrop of volatile responses to news.
Key Terms
american depositary shares, ads, share repurchase program, form 20-f, +4 more
8 terms
american depositary sharesfinancial
"repurchases ... worth of its American depositary shares ("ADSs"), representing its Class A"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
adsfinancial
"repurchases ... worth of its American depositary shares ("ADSs"), representing its Class A"
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
share repurchase programfinancial
"cumulative repurchases under its share repurchase program have reached approximately"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
form 20-fregulatory
"announces Filing of Its Annual Report on Form 20-F for Fiscal Year 2025"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
form 3regulatory
"Initial Statement of Beneficial Ownership on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
variable interest entitiesregulatory
"reliance on variable interest entities (VIEs) such as Shenzhen Futu and Haikou Futu"
A variable interest entity (VIE) is a business that a company controls through contracts or special arrangements instead of owning a majority of its shares, like steering a puppet without holding its ticket. Investors care because these arrangements can hide who really bears the financial risks and rewards, affect how assets and liabilities appear on financial statements, and create extra legal or enforcement uncertainty that can change the value and risk of an investment.
pcaobregulatory
"notes PCAOB’s 2022 decision restoring inspection access in Mainland China and Hong Kong"
The PCAOB (Public Company Accounting Oversight Board) is an independent regulator that inspects and enforces rules for the auditors who check public companies’ financial statements. Think of it as a referee for accountants: it sets standards, reviews audit work, and can punish sloppy or dishonest audits. That matters to investors because trustworthy, well-audited financial reports reduce the risk of surprises and help people make better decisions about buying, holding, or selling stocks.
hfCAAregulatory
"could still lead to U.S. trading prohibitions under the HFCAA."
The HFCAA is a U.S. law that requires companies listed on U.S. stock exchanges to allow their auditors to be inspected by U.S. regulators; if a company’s auditors can’t be reviewed for several years, the company risks being removed from U.S. markets. For investors, it matters because the law increases transparency and audit oversight—think of it as a safety inspection for a car—while also creating a clear regulatory trigger that can affect a stock’s availability and price if compliance can’t be shown.
HONG KONG, May 27, 2026 (GLOBE NEWSWIRE) -- Futu Holdings Limited ("Futu" or the "Company") (Nasdaq: Futu), today announced that as of this announcement, the cumulative repurchases under its share repurchase program have reached approximately US$290 million worth of its American depositary shares ("ADSs"), representing its Class A ordinary shares. The repurchases were conducted under the Company’s share repurchase program previously announced on November 18, 2025, under which the Company may repurchase up to US$800 million worth of ADSs for a period ending December 31, 2027. Subject to market conditions, the Company may continue to execute repurchases from time to time under the existing share repurchase program.
About Futu Holdings Limited
Futu Holdings Limited (Nasdaq: FUTU) is an advanced technology company transforming the investing experience by offering fully digitalized financial services. Through its proprietary digital platforms, Futubull and Moomoo, the Company provides a full range of investment services, including trade execution and clearing, margin financing and securities lending, and wealth management. The Company has embedded social media tools to create a network centered around its users and provide connectivity to users, investors, companies, analysts, media and key opinion leaders. The Company also provides corporate services, including IPO distribution, investor relations and ESOP solution services.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Futu's beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Forward-looking statements involve inherent risks and uncertainties. All information provided in this press release and in the attachments is as of the date of this press release, and Futu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
What did Futu (NASDAQ:FUTU) announce about its share repurchase program on May 27, 2026?
Futu announced it has cumulatively repurchased about US$290 million of ADSs under its share repurchase program. According to Futu, these ADSs represent its Class A ordinary shares and were bought under an authorization of up to US$800 million.
How much can Futu still repurchase under its US$800 million ADS buyback program?
Futu is authorized to repurchase up to US$800 million of ADSs through December 31, 2027. According to Futu, it has already repurchased about US$290 million, leaving significant remaining capacity subject to market conditions.
Until when is Futu’s ADS share repurchase program effective?
Futu’s ADS share repurchase program is effective through December 31, 2027. According to Futu, the program was announced on November 18, 2025 and allows ongoing repurchases, executed from time to time depending on market conditions.
What does Futu’s US$290 million cumulative ADS repurchase mean for FUTU shareholders?
The US$290 million cumulative ADS repurchase reduces the number of ADSs outstanding versus no program. According to Futu, these buybacks occur under an authorization of up to US$800 million, potentially affecting ownership concentration and per-share metrics.
Can Futu increase its ADS buybacks beyond the current US$290 million already repurchased?
Yes. Futu may continue repurchasing ADSs under its existing program, up to a total of US$800 million. According to Futu, any further repurchases will depend on market conditions and be executed from time to time.