MINISO Group Holding Limited (MNSO) Announces $200M Share Buyback

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MINISO Announces US$200 Million Share Repurchase Program

December 21, 2021 7:30 AM EST

GUANGZHOU, China, Dec. 21, 2021 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO) ("MINISO Group", "MINISO" or the "Company"), a fast-growing global value retailer offering a variety of design-led lifestyle products, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$200 million of its outstanding Class A ordinary shares and/or American depositary shares representing its Class A ordinary shares, effective until September 21, 2022. The Company expects to fund repurchases under this program from surplus cash on its balance... More