SEHK:1357Interactive Media and Services
Assessing Meitu (SEHK:1357) Valuation After Launch Of Share Buyback Programme
Meitu (SEHK:1357) has started repurchasing its own shares after shareholder approval for a program covering up to 10% of its issued capital, with management highlighting potential benefits for net asset value and earnings per share.
See our latest analysis for Meitu.
The buyback news comes after a weaker patch for the shares, with a 30 day share price return showing a decline of 29.52% and a year to date share price return showing a decline of 15.48%. However, the 3 year total shareholder...