Midea Group Spends 40.47 Million Yuan Repurchasing 554,100 A-Shares on July 15
Stock Track
Jul 15
Midea Group (00300) announced the repurchase of 554,100 A-shares on July 15, 2025, with total expenditures reaching approximately 40.47 million yuan. This strategic move reflects the company's ongoing commitment to enhancing shareholder value through its capital allocation program. The transaction was executed during regular market hours at an average price point aligned with prevailing trading conditions. Such buyback initiatives typically signal management's confidence in the firm's long-term growth trajectory and fundamental valuation metrics. This marks another step in Midea's sustained capital return strategy amidst evolving market dynamics in the consumer appliances sector.
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