Newsletter summary
Xiaomi Group-W (01810) invested about HK $47.4 million on April 22nd, 2024.100freedailyspins, at 15100freedailyspins.76-15100freedailyspinsBuy back 3 million shares within a range of HK $82.
Text of news flash
[Xiaomi Group spends HK $47.3998 million on share buyback]-Xiaomi Group-W (01810) conducted a share buyback operation on April 22, 2024, involving 3 million shares with a repurchase price range of HK $15.76 to HK $15.82. the total capital investment is about HK $47.3998 million.
The share buyback shows Xiaomi Group's confidence in its market performance and development prospects. The move also sends a positive market signal to investors and may have a positive impact on the secondary market.
Market analysts believe that Xiaomi's move may trigger a re-evaluation of the company's share price, which may be a noteworthy investment opportunity for investors.
It is worth noting that Xiaomi Group's buyback operation follows the relevant laws and regulations and is carried out in strict accordance with market rules.