MINISO Group Holding Ltd.
(NYSE:MNSO) stock climbed about 6% on Monday after the lifestyle retailer announced a new share repurchase program worth up to 2 billion Hong Kong dollars, reflecting management's confidence in the company's long-term growth.
MINISO Approves New Buyback Program MINISO's board approved the 2026 share repurchase program on Monday.
The plan authorizes the company to repurchase up to 2 billion Hong Kong dollars of ordinary shares and American depositary shares over the 12 months beginning June 30, 2026.
The company said it will fund the purchases with surplus cash.
