On September 6th, Waterdrop (WDH.US) rose 0.9% to $1.12 before the market opened. Waterdrop Inc. recently released its unaudited performance report for the second quarter of 2024, stating that it achieved revenue of 0.676 billion yuan (approximately $93 million) in the period, a decrease of 0.4% compared to the same period last year, and a decrease of 4% compared to the previous quarter's 0.705 billion yuan. Since announcing the share buyback plan in September 2021, as of August 31, 2024, Waterdrop Inc. has cumulatively spent approximately $0.1 billion to repurchase approximately 49.3 million ADS shares from the open market. Waterdrop Inc. has also announced a new share buyback plan. Under the new plan, Waterdrop Inc. will repurchase no more than $50 million worth of shares in the open market in the next year.