Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has issued an announcement.
Minieye Technology Co., Ltd. has been actively executing an on-market share repurchase programme under a general mandate approved at its May 2025 annual general meeting, which authorises it to buy back up to 31,036,950 shares, or 10% of its issued share capital. As of 26 January 2026, the company has repurchased 4,621,000 H shares for a total consideration of approximately HK$73.15 million at an average price of HK$15.83 per share, with the board arguing that the current trading price undervalues the stock and that the buyback signals management’s confidence in the group’s long-term value and should enhance its capital market valuation and shareholder returns, while cautioning investors that any further repurchases will remain discretionary and dependent on market conditions.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd. is a Hong Kong–listed joint stock company incorporated in the People’s Republic of China, operating through a group structure and trading H shares on the Stock Exchange of Hong Kong. The company is positioned in the technology sector and focuses on building long-term business prospects and shareholder value in the capital markets.
Average Trading Volume: 8,318,564
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$7.08B
Learn more about 2431 stock on TipRanks’ Stock Analysis page.