【9992】Pop Mart's stock price rebounded for a day but then fell again, marking the sixth consecutive day of buybacks, with a nearly 35% decline since the earnings report.

Pop Mart (09992) Entering a sixth consecutive day of share buybacks, Pop Mart’s stock price rebounded for one day before falling again, once dropping 3.2% to a low of 140.7 yuan, and closing at 141.8 yuan, down 2.4%. Turnover shrank to nearly 3 billion yuan.

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			▲ [9992] Pop Mart’s stock rebounded for one day before falling again; it has executed buybacks for six consecutive days. After its earnings, the stock is down nearly 35%

Pop Mart has executed buybacks for six consecutive days, with a cumulative spend of nearly 1.4 billion yuan.

  • April 2: Repurchased a total of 700k shares at 140.9 yuan to 142.3 yuan per share, with an average price of 141.66 yuan. The funds involved were 8B yuan, maintaining nearly 100 million yuan.
  • April 1: Repurchased a total of 670k shares at 145.1 yuan to 150.2 yuan per share, with an average price of 148.43 yuan. The funds involved were 700k yuan, maintaining nearly 100 million yuan.
  • March 31: Repurchased a total of 690k shares at 141.4 yuan to 146 yuan per share, with an average price of 144.25 yuan. The funds further shrank to nearly 99.16M yuan
  • March 30: Repurchased a total of 1.34 million shares at 144.3 yuan to 153.5 yuan per share, with an average price of 148.71 yuan. The funds used shrank to nearly 200 million yuan
  • March 27: Repurchased a total of 1.98 million shares at 149.4 yuan to 153 yuan per share, with an average price of 151.24 yuan. The funds used were “cut in half” to nearly 300 million yuan
  • March 26: Repurchased 3.94 million shares at 148.4 yuan to 157.8 yuan per share, with an average price of 152.21 yuan. Involving nearly 600 million yuan—this was the largest buyback scale since listing.

After Pop Mart released its earnings, its stock price has cumulatively fallen 34.7%.

Source: Pop Mart announcements

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