Jarrsoo
2021-12-21
Cutes
MINISO Announces US$200 Million Share Repurchase Program
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The Company expects to fund repurchases under this program from surplus cash on its balance sheet.</p>\n<p>The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades, and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations and its insider trading policy. The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.</p>\n<p><b>About MINISO Group Holding Limited</b></p>\n<p>MINISO is a fast-growing global value retailer offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. 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