MINISO Group Plans To Repurchase Up To $200M In Value Of Its Outstanding Ordinary Shares, American Depositary Shares Over Period Of 12 Months
Portfolio Pulse from Benzinga Newsdesk
MINISO Group has announced plans to repurchase up to $200 million in value of its outstanding ordinary shares and American Depositary Shares over a period of 12 months.

September 15, 2023 | 9:21 am
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POSITIVE IMPACT
MINISO's announcement of a share repurchase program could potentially increase the stock's price in the short term.
Share repurchase programs are often seen as a sign of a company's confidence in its own stock, which can lead to increased investor confidence and a potential increase in the stock's price. However, the actual impact will depend on market conditions and investor reactions.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100