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Lufax Holding Ltd American Depositary Shares two of which representing one
Lufax Holding (LU) has authorized a share repurchase program up to $300M of its American depositary shares for the next six months. Chairman, Co-Chief Executive Officer and other members of senior management intends to use their personal funds to purchase up to $5M worth of the company’s ADSs during a six-month period.The company plans to fund repurchases from its existing cash balance.