Baozun (BZUN) has released an update.
Baozun Inc., an e-commerce solutions company incorporated in the Cayman Islands, has recently disclosed a series of share repurchases aimed at reducing the number of shares available on the market. In a meticulously executed strategy, the company repurchased shares at prices ranging from USD 0.75 to USD 0.92 throughout April 2024, which resulted in a slight change of 0.07% to 0.09% per transaction in the existing number of issued shares. These repurchases underscore Baozun’s commitment to managing its share structure and potentially increasing shareholder value.
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