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An update from Minieye Technology Co., Ltd. Class H ( (HK:2431) ) is now available.
Minieye Technology Co., Ltd. has disclosed that, under a previously granted general share repurchase mandate, it has cumulatively bought back 5,011,200 H shares on the open market for about HK$79.85 million at an average price of approximately HK$15.93 per share as of 27 January 2026. The board argues that the current trading price undervalues the company’s intrinsic worth and business prospects, viewing the ongoing buyback as a signal of management’s confidence in long-term value and as a tool to bolster market valuation and shareholder returns, while noting that any further repurchases—up to a maximum of 31,036,950 shares, or 10% of the issued share capital at the time of approval—will remain at the company’s discretion and subject to market conditions.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, with its share capital comprising H shares traded on the Hong Kong Stock Exchange. The company operates through a group structure, with its board composed of executive, non-executive and independent non-executive directors, and it is focused on enhancing shareholder returns and its capital market valuation.
Average Trading Volume: 8,555,416
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$7.03B
For detailed information about 2431 stock, go to TipRanks’ Stock Analysis page.