Key Takeaways:
Xiaomi Corp. (01810.HK) continued its share buyback program, repurchasing 3.2116 million shares on April 27 for approximately HKD 99.99 million, according to a company filing with the Hong Kong Stock Exchange.
The repurchase was executed at a price per share between HKD 31.10 and HKD 31.20. This action is part of a larger, ongoing buyback plan authorized by the company's shareholders.
Since the ordinary resolution was passed on June 5, 2025, Xiaomi has cumulatively repurchased 366 million shares. These buybacks now account for 1.41% of the company's issued share capital, reflecting a consistent effort to return value to shareholders.
Share repurchases reduce the number of outstanding shares, which can increase earnings per share and signal management's confidence that the stock is undervalued. The consistent buyback program underscores management's strategy to enhance shareholder value. Investors will continue to monitor the company's repurchase activity as an indicator of its financial health and long-term outlook.
This article is for informational purposes only and does not constitute investment advice.
