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Waterdrop Shares Rise After Q2 Results, New Buyback Plan

Waterdrop Shares Rise After Q2 Results, New Buyback Plan

MT newswireMT newswire2026/09/08 19:08
03:08 PM EDT, 09/08/2026 (MT Newswires) -- Waterdrop (WDH) shares were up over 5% in Tuesday trading following its Q2 results and a new share repurchase program. Earlier, the company reported a Q2 net profit attributable to its ordinary shareholders of 125.8 million Chinese renminbi ($18.5 million), down from 140.2 million renminbi a year ago. Revenue for the three months ended June 30 was 1.45 billion renminbi, up from 838 million renminbi a year earlier. The company said its board has approved a new program to repurchase up to $50 million of its American Depository shares through Sept. 10, 2027. The firm also declared a dividend of $0.03 per ADS, payable Nov. 6 to stockholders of record Oct. 9. Price: 1.08, Change: +0.06, Percent Change: +5.88
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