Baozun Inc (BZUN) has released an update.
Baozun Inc., a Cayman Islands-based company with weighted voting rights, has disclosed a series of share repurchases which were not cancelled, occurring on multiple dates throughout April 2024. The repurchases, all of consistent amounts of 150,000 shares with a few exceptions, represent a minute percentage change of the existing issued shares prior to the transactions. This strategic move reaffirms the management’s confidence in the company’s value and could signal a positive outlook to shareholders and potential investors.
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