- MINISO Group Holding Ltd MNSO board of directors has authorized a share repurchase program for up to $200 million of its shares.
- The buyback program will be effective until September 21, 2022.
- The company intends to fund repurchase from surplus cash on its balance sheet.
- MINISO held $952.7 million in cash and equivalents as of September 30, 2021.
- Price Action: MNSO shares are trading higher by 8.65% at $10.30 in premarket on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
