Meituan-W plans to repurchase Class B common shares in the public market for a total amount not exceeding USD 2 billion

Zhitong
2024.06.11 10:11
portai
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Meituan-W plans to repurchase Class B common shares in the public market with a total amount not exceeding USD 2 billion. This move demonstrates the company's confidence in its business prospects and creates value for shareholders. The board believes that the company's existing financial resources are sufficient to support this share repurchase and maintain a strong financial position