NYSE:YMMTransportation
The Bull Case For Full Truck Alliance (YMM) Could Change Following A US$400 Million Capital Return Plan
In January 2026, Full Truck Alliance announced a new long-term shareholder return policy, planning to distribute over US$400 million in FY2026 through around US$300 million in quarterly dividends and additional open-market share repurchases.
This move signals management’s confidence in the company’s cash-generation profile and marks a shift toward balancing reinvestment with consistent capital returns for investors.
Next, we’ll examine how this sizeable dividend-and-buyback plan could...