Vipshop achieved a net revenue of 26.9 billion yuan in the second quarter and announced a new round of $1 billion repurchase plan
Le174
发表于 2024-8-20 19:19:57
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Vipshop announced a new round of $1 billion buyback plan for the second quarter of 2024, with a net revenue of 26.9 billion yuan and a non GAAP net profit of 2.2 billion yuan. In the second quarter of this year, Vipshop invested over $200 million to repurchase the company's stock. Based on confidence in future development, the Board of Directors of Vipshop has approved a new stock repurchase plan, allowing the company to repurchase up to $1 billion of American Depositary Shares or Class A common shares within 24 months after completing the existing stock repurchase plan.
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