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MINISO Group Holding ( (MNSO) ) just unveiled an update.
MINISO Group Holding Limited, a global retailer, announced a reduction in its issued shares due to a repurchase and cancellation of over 6 million shares from September to October 2024. This change, officially disclosed on December 31, 2024, represents a 0.51% decrease in the total number of issued shares, aligning with compliance and regulatory requirements. The share repurchase strategy reflects an effort to optimize the capital structure and could potentially enhance shareholder value, indicating the company’s focus on strategic financial management.
More about MINISO Group Holding
YTD Price Performance: 0.0%
Average Trading Volume: 1,958,506
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.7B
Learn more about MNSO stock on TipRanks’ Stock Analysis page.
