Baozun Inc. Announces Share Repurchase

Baozun (BZUN) has released an update.

Baozun Inc., a prominent e-commerce company incorporated in the Cayman Islands, has reported changes in its issued and treasury shares. In a series of transactions between late September and October, the company repurchased shares for cancellation, with each transaction constituting about 0.08% of their existing shares. These share repurchases were executed at prices ranging from USD 0.77 to USD 1.2 per share, which may indicate the company’s confidence in its financial health and prospects.

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