MINISO Group Holding Limited (09896) has announced the cancellation of a total of 24.92 million previously repurchased shares, effective August 24, 2026.
According to the company's official filing, the cancellation involves 24,918,900 shares that were bought back as part of its ongoing capital management strategy. This move is expected to reduce the company's total issued share capital, potentially enhancing shareholder value by increasing earnings per share.
The share cancellation aligns with MINISO's broader efforts to optimize its capital structure and return value to shareholders. Following the cancellation, the company's outstanding share count will be adjusted accordingly, reflecting a more streamlined equity base.
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