MINISO Group Holding Limited has authorised a new 12-month share repurchase programme allowing the company to buy back up to HKD2.00 billion of ordinary shares and/or ADSs on the open market from 30 June 2026. Management intends to finance the purchases with surplus cash and may cancel the acquired shares or hold them as treasury stock, depending on capital management needs.
The initiative follows MINISO’s Extended 2024 Share Repurchase Programme, under which the company has already spent approximately HKD1.37 billion buying back shares and ADSs.
To accelerate execution, MINISO has also set up two automatic repurchase arrangements totalling about HKD800 million: • Hong Kong Repurchase Program – up to HKD400 million of shares on the Hong Kong Stock Exchange between 29 June 2026 and 31 December 2026. • Rule 10b5-1 Repurchase Program – up to USD51.30 million of ADSs (around HKD400 million) on the NYSE from 6 July 2026 to 31 December 2026.
Both automatic schemes operate under the broader 2026 Repurchase Authorization and the company’s annual 10 % Share Repurchase Mandate. CLSA Limited, an independent broker, will execute the Hong Kong transactions, while a separate broker will handle the U.S. trades.
The Hong Kong Stock Exchange has granted: 1. A waiver from Listing Rule 10.06(2)(e), allowing repurchases during restricted periods under the pre-set, non-discretionary Hong Kong Repurchase Program. 2. Approval under Listing Rule 10.06(3) for potential issuance of share awards within 30 days of any buy-back, ensuring flexibility under the 2020 Share Incentive Plan.
The board states that current financial resources are sufficient to implement the repurchase initiatives without materially affecting working capital and will review programme parameters periodically. Share repurchases will be contingent on market conditions, and investors are advised to exercise caution when dealing in MINISO shares.
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