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MINISO Completes Share Buyback, Enters Moratorium Period

MINISO Completes Share Buyback, Enters Moratorium Period

MINISO Group Holding (MNSO) has released an update.

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MINISO Group Holding Limited has announced that it has recently repurchased shares for cancellation, with the latest batch on 19 July 2024 totaling 7,200 shares at a price range of HKD 33.4453 to HKD 33.7362. This repurchase is part of a mandate granted on 20 June 2024, which allows for the buyback of up to 125,928,257 shares, representing a small percentage of the total issued shares. Following the repurchase, the company has entered a moratorium period on new share issues or sale/transfer of treasury shares up to 18 August 2024.

For further insights into MNSO stock, check out TipRanks’ Stock Analysis page.

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