KE Holdings Inc. Sponsored ADR Class A (BEKE) has released an update.

KE Holdings Inc. has disclosed a series of share repurchases spanning several dates in September 2024, with a notable final repurchase of 435,000 shares on September 20, 2024, via the New York Stock Exchange. These repurchases, conducted at varying prices, are in compliance with the Main Board Listing Rules, and form part of the company’s buyback mandate which restricts new share issues until October 20, 2024. This strategic move could indicate the company’s confidence in its stock value and a commitment to enhancing shareholder value.

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