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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has provided an announcement.
Minieye Technology has announced a voluntary on‑market repurchase of its H shares on the Hong Kong Stock Exchange, authorizing buybacks of up to HK$200 million under a general mandate approved by shareholders at the May 23, 2025 annual general meeting. The repurchases, to be funded from the company’s own financial resources excluding global offering proceeds, are intended to signal management’s confidence in Minieye’s business outlook and create shareholder value, though execution will depend on market conditions and remain at the board’s discretion, with no assurance on timing, size or pricing of any actual buybacks.
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 with limited liability and listed in Hong Kong under stock code 2431, issuing H shares to investors in the Hong Kong market.
Average Trading Volume: 4,869,912
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$5.47B
For detailed information about 2431 stock, go to TipRanks’ Stock Analysis page.