Minieye Technology (2431) Announces On-Market Share Repurchase Progress

Bulletin Express02-24

Minieye Technology Co., Ltd (2431) provided an update on its on-market repurchase plan. According to the announcement, the company repurchased a total of 6,344,200 H shares as of February 24, 2026, with an aggregate investment of HK$99.80 million and an average repurchase price of HK$15.73 per share. The plan involves a cumulative investment of up to HK$200.00 million under the general mandate approved at the AGM on May 23, 2025.

The company notes that this repurchase is made under the Share Repurchase Mandate, which permits repurchases of up to 31,036,950 shares, or 10% of all shares in issue on the mandate date. The board emphasizes confidence in the group’s long-term value and indicates that any future repurchases will be subject to market conditions, with no guarantee on timing, volume, or price.

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