UP Fintech Holding Ltd
For the period ended Jun 2, 2026. Filed Jun 2, 2026.
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Jun 2, 2026 · Filed Jun 2, 2026
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EX-99.1 · Share Repurchase Program
Share Repurchase Program
On June 1, 2026, the Company's board of directors approved a share repurchase program (the "Repurchase Program"), under which the Company may repurchase its Class A ordinary shares, including in the form of ADSs, with an aggregate value of up to US$50 million for a period of 12 months from June 1, 2026 to June 1, 2027. The Company expects to fund the repurchases out of its existing cash balance.
Under the Repurchase Program, the Company may repurchase its Class A ordinary shares, including in the form of ADSs, from time to time through various means, including open market transactions, privately negotiated transactions, block trades, and/or any combination thereof, in compliance with applicable laws and regulations. The number of Class A ordinary shares repurchased, including in the form of ADSs, and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company's general business conditions and other factors. The Company’s board of directors will review the Repurchase Program periodically, and may authorize adjustment of its terms and size, or suspend or discontinue the Repurchase Program at any time, subject to applicable laws, rules and regulations and the Company’s internal policies.
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