- MINISO Group Holding Limited (NYSE:MNSO) board of directors authorized and approved a new share repurchase program.
- Under the program, the company is authorized to repurchase up to $100 million of its shares over a period of 12 months starting September 29, 2022.
- The company expects to fund the repurchase from surplus cash on its balance sheet.
- The company held $870.1 million in cash and equivalents as of June 30, 2022.
- Price Action: MNSO shares are trading lower by 4.52% at $4.65 on the last check Thursday.
Why Energy Company Alliance Resource Partners Shares Are Falling Today
ARLP shares down after reporting below-consensus Q4 earnings and revenue, due to lower coal prices and decreased sales volumes. FY24 guidance predicts steady production and potential benefits from strategic investments in infrastructure.
