Full Truck Alliance Co. Ltd.(YMM), a digital freight platform, said on Monday that its Board has approved a long-term shareholder return plan to distribute 50% of the company's adjusted income of the preceding fiscal year through dividends or share repurchases each year.
To implement the plan, the Board has approved that the company will return a total of $400 million to its shareholders in fiscal 2026, with at least $300 million distributed through quarterly dividends and the remainder via share repurchases.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.