Meituan Executives Reaffirm Shareholder Commitment, Signal Buyback Plan

TigerJun 26, 2026 7:02 AM

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Meituan shares briefly rose on Friday after the company addressed investor concerns over its recent stock performance at its annual general meeting.

Chief Executive Officer Wang Xing called for more rational competition and sustainable industry development, while responding to questions about the company's subdued share price. Chief Financial Officer Chen Shaohui said Meituan plans to conduct share repurchases, underscoring management's commitment to enhancing shareholder value.

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