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MNSO Opens 4.65% Higher on Plans of Share Buyback of Up to HKD2B
2026-06-30 09:28:44
MNSO (09896.HK) opened 4.65% higher today at HKD23.86, with 37,100 shares traded in pre-market negotiated transactions involving HKD885,500.

MNSO announced that the Board authorized and approved a new share repurchase program, under which the Company may repurchase up to HKD2 billion in value of the Shares and/or the ADSs from the open market over a 12-month period starting from June 30, 2026. The Company expects to fund the repurchases under the 2026 Share Repurchase Program from surplus cash on its balance sheet.

The Board believes that the current financial resources of the Company would enable it to implement the share repurchases without causing any material impact on its working capital.
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