Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley: POP MART Launches 1st Shr Buyback in ~2 Yrs, Estimated to Hold RMB20B Net Cash by End-2025, Ample Resources to Reward Shareholders
Recommend 10 Positive 18 Negative 12 |
||||
|
||||
|
POP MART (09992.HK) disclosed in its statement that it repurchased 1.4 million shares on the Hong Kong Stock Exchange yesterday (19th) at prices ranging from HKD177.7 to HKD181.2 per share, involving a total amount of around HKD251 million. According to Morgan Stanley's report, POP MART's recent buyback of 1.4 million shares involved about HKD251 million and accounted for around 9% of the trading volume that day. Its last buyback occurred in February 2024, just before its results were announced. Morgan Stanley estimated that POP MART recorded a net profit of RMB12.6 billion in 2025 and held RMB20 billion in net cash by the end of that year, indicating ample financial resources to further reward its shareholders. The broker reiterated an Overweight rating on POP MART and a target price of HKD325. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
