Stock Track | MINISO Stock Soars 15% After Announcing Share Buyback Update

Stock Track

Sep 26, 2024

Shares of MINISO Group Holding Limited (MNSO), a Chinese lifestyle product retailer, surged by a remarkable 15.14% on Wednesday morning, closing at $9.33 per share. This significant price movement came after the company released an update on its share buyback program and outstanding share count.

According to the announcement, MINISO reported no change in its number of issued shares as of September 26, 2024. However, the company did not provide specific details on the number of shares repurchased or the amount spent on the buyback program.

Share buybacks are often viewed positively by investors, as they can signal the company's confidence in its future prospects and its belief that its stock is undervalued. By reducing the number of outstanding shares, the company's earnings per share (EPS) and other key financial metrics improve, potentially boosting the stock price.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1102332340"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1102332340\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1102332340?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-26 21:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102332340","market":"us","top_or_hot":-1,"title":"Stock Track | MINISO Stock Soars 15% After Announcing Share Buyback Update","media":"Stock Track","content":"<p>Shares of MINISO Group Holding Limited (MNSO), a Chinese lifestyle product retailer, surged by a remarkable 15.14% on Wednesday morning, closing at $9.33 per share. This significant price movement came after the company released an update on its share buyback program and outstanding share count.</p>\n\n<p>According to the announcement, MINISO reported no change in its number of issued shares as of September 26, 2024. However, the company did not provide specific details on the number of shares repurchased or the amount spent on the buyback program.</p>\n\n<p>Share buybacks are often viewed positively by investors, as they can signal the company's confidence in its future prospects and its belief that its stock is undervalued. By reducing the number of outstanding shares, the company's earnings per share (EPS) and other key financial metrics improve, potentially boosting the stock price.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MINISO Stock Soars 15% After Announcing Share Buyback Update</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MINISO Stock Soars 15% After Announcing Share Buyback Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-09-26 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of MINISO Group Holding Limited (MNSO), a Chinese lifestyle product retailer, surged by a remarkable 15.14% on Wednesday morning, closing at $9.33 per share. This significant price movement came after the company released an update on its share buyback program and outstanding share count.</p>\n\n<p>According to the announcement, MINISO reported no change in its number of issued shares as of September 26, 2024. However, the company did not provide specific details on the number of shares repurchased or the amount spent on the buyback program.</p>\n\n<p>Share buybacks are often viewed positively by investors, as they can signal the company's confidence in its future prospects and its belief that its stock is undervalued. By reducing the number of outstanding shares, the company's earnings per share (EPS) and other key financial metrics improve, potentially boosting the stock price.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MNSO","symbol_name":"名创优品","start_time":0,"source_url":"","article_id":"1102332340","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102332340","pubTimestamp":1727357881,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of MINISO Group Holding Limited , a Chinese lifestyle product retailer, surged by a remarkable 15.14% on Wednesday morning, closing at $9.33 per share. This significant price movement came after the company released an update on its share buyback program and outstanding share count.According to the announcement, MINISO reported no change in its number of issued shares as of September 26, 2024. However, the company did not provide specific details on the number of shares repurchased or the","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MNSO":"名创优品"},"translate_title":"股票轨迹名创优品宣布股票回购更新后股价飙升15%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MNSO":1},"content_text":"Shares of MINISO Group Holding Limited (MNSO), a Chinese lifestyle product retailer, surged by a remarkable 15.14% on Wednesday morning, closing at $9.33 per share. This significant price movement came after the company released an update on its share buyback program and outstanding share count.\nAccording to the announcement, MINISO reported no change in its number of issued shares as of September 26, 2024. However, the company did not provide specific details on the number of shares repurchased or the amount spent on the buyback program.\nShare buybacks are often viewed positively by investors, as they can signal the company's confidence in its future prospects and its belief that its stock is undervalued. By reducing the number of outstanding shares, the company's earnings per share (EPS) and other key financial metrics improve, potentially boosting the stock price.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}