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In a move reflecting management's confidence in growth prospects, MINISO Group announced a HK$2 billion share buyback program. According to reports, the announcement drove the company's stock up 6% in Monday's trading session, signaling investor optimism about the buyback decision.
The announcement comes amid anticipation of similar initiatives from listed Chinese companies. Per market data, MINISO stock closed at $11.41 on June 26, 2026, with a trading range of $11.12 to $11.43. The buyback suggests management views the stock as undervalued.
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Sign InThe stock is expected to continue reacting positively to the news in the near term, especially with no clear negative catalysts on the horizon. Investors will focus on upcoming earnings reports and any updates on MINISO's long-term growth strategy.