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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 by 8 January 2026 it has repurchased a cumulative 3,004,800 H shares on the open market for about HK$44.9 million, at an average price of roughly HK$14.94 per share, under a shareholder-approved mandate allowing buybacks of up to 10% of its issued share capital. The board argues that the current trading price undervalues the company’s intrinsic worth and business prospects, framing the buyback as a signal of management’s confidence and a move to enhance market valuation and shareholder returns, while stressing that any further repurchases will depend on market conditions and remain at the company’s discretion, warranting caution from investors.
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 under stock code 2431. The company issues both domestic and H shares and operates through a group structure, though this announcement focuses on capital markets activity rather than specific products, services or industry operations.
Average Trading Volume: 5,837,271
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.08B
Find detailed analytics on 2431 stock on TipRanks’ Stock Analysis page.