MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares
(RTTNews) - MOGU, Inc. (MOGU), a KOL-driven online fashion and lifestyle retailer, announced Friday that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to $10 million of its shares, effective until August 31, 2023.
The Company expects to fund the repurchases under this program with its existing cash balance.
The Company's board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
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Hong Kong Shares Tipped To Open To The Downside
The Hong Kong stock market has finished lower in five straight sessions, retreating more than 700 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 19,060-point plateau and it's expected to extend its misery when it opens on Monday.
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5 시간 8 분 전
Lower Open Anticipated For China Stock Market
The China stock market has moved lower in two straight sessions, slumping more than 60 points or 2 percent in that span. The Shanghai Composite Index now sits just beneath the 3,170-point plateau and it's expected to see continued consolidation again on Monday.
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5 시간 23 분 전
Taiwan Shares Likely To Start Under Water On Monday
The Taiwan stock market has moved lower in three straight sessions, dropping almost 650 points or 2.7 percent along the way. The Taiwan Stock Exchange now sits just above the 23,010-point plateau and it's got another soft lead for Monday's trade.
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5 시간 53 분 전
Losing Streak May Continue For Singapore Stock Market
The Singapore stock market has finished lower in back-to-back sessions, giving away more than 85 points or 2.2 percent along the way. The Straits Tines Index now rests just above the 3,800-point plateau and it may take further damage again on Monday.
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6 시간 23 분 전
Malaysia Bourse May Give Up Support At 1,600 Points
The Malaysia stock market on Friday ended the two-day losing streak in which it had dropped almost 30 points or 1.9 percent. The Kuala Lumpur Composite Index now rests just above the 1,600-point plateau although it's tipped to open under pressure again on Monday.
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6 시간 53 분 전
Continued Consolidation Called For South Korea Shares
The South Korea stock market on Friday wrote a finish to the five-day winning streak in which it had surged more than 120 points or 4.8 percent. The KOSPI now sits just above the 2,515-point plateau and the losses may accelerate on Monday.
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7 시간 23 분 전
China Trade Data Due On Monday
China will on Monday release December figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity.
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8 시간 23 분 전
New Zealand Building Permits Rebound In November
The number of building consents issued in New Zealand was up a seasonally adjusted 5.3 percent on month in November, Statistics New Zealand said on Monday - erasing the 5.2 percent decline in October.
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8 시간 32 분 전
