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MINISO Group Holding Limited (NYSE:MNSO), a retail company with a market capitalization of $22.29 billion and a "GOOD" financial health rating according to InvestingPro, submitted multiple Next (LON:NXT) Day Disclosure Returns to the Securities and Exchange Commission, according to a Form 6-K filed today.
The filing includes six disclosure returns dated between June 13 and June 17, 2025. These returns typically provide information about changes in the company’s issued share capital, including repurchases or issuances of shares. InvestingPro data indicates management has been actively buying back shares, with the company maintaining strong liquidity as evidenced by a current ratio of 4.95.
The disclosure returns were signed by Jingjing Zhang, Chief Financial Officer of MINISO Group.
MINISO Group Holding Limited, headquartered in Guangzhou, China, operates in the retail variety stores sector. The company files its annual reports under Form 20-F. The stock has shown strong momentum, with a 2.24% return over the past week, though it currently trades below its InvestingPro Fair Value estimate.
The filing contains no specific details about the nature or volume of the transactions covered in the disclosure returns. These types of filings are standard regulatory requirements for companies listed on stock exchanges to ensure transparency regarding changes in their capital structure.
The company made the filing in compliance with Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, which requires foreign private issuers to report certain information to the SEC.
In other recent news, ON Semiconductor (NASDAQ:ON) has been the focus of several analyst actions and company developments. Cantor Fitzgerald initiated coverage on ON Semiconductor with a neutral rating and a price target of $55.00, citing concerns about the company’s significant exposure to the automotive market. The firm expressed caution, noting that the recent stock appreciation limits further upside potential. Meanwhile, Mizuho (NYSE:MFG) raised its price target for ON Semiconductor to $60.00, maintaining an Outperform rating. The firm highlighted expectations of a recovery in automotive demand and noted that the company’s new TreoFETs are achieving design wins, with a goal of reaching $1 billion in revenue from these products by 2030. ON Semiconductor executives indicated that gross margins are expected to remain flat in the second half of 2025, with plans to use free cash flow for share buybacks. In separate filings, MINISO Group Holding Limited submitted its Form 6-K to the U.S. SEC for June 2025, providing updates on its financial and operational activities. JBS N.V. also filed a Form 6-K, detailing a recent name change and corporate updates, while JBS S.A. filed a 6-K to fulfill regulatory obligations without reporting new business developments.
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