Jumei Announces US$27.6 Million in Share Repurchase Since April 2018
July 23 2018 - 7:00AM
Jumei International Holding Limited (NYSE:JMEI) (“Jumei” or the
“Company”), China’s leading online retailer of beauty products,
today announced that it has repurchased 10,269,983 of its American
depositary shares as of June 29, 2018, for an aggregate purchase
price of approximately US$27.6 million, since the adoption of its
previously announced share repurchase plan in April 2018.
About Jumei International Holding
Limited
Jumei (NYSE:JMEI) is China’s leading online
retailer of beauty products. Jumei’s internet platform is a trusted
destination for consumers to discover and purchase branded beauty
products, baby, children and maternity products, light luxury
products, health supplements and other products through the
Company’s jumei.com and jumeiglobal.com websites and mobile
application. Leveraging its deep understanding of customer needs
and preferences, as well as its strong merchandizing capabilities,
Jumei has adopted multiple effective sales formats to encourage
product purchases on its platform, including curated sales, online
shopping mall and flash sales. More information about Jumei can be
found at http://ir.jumei.com.
For investor and media inquiries, please
contact:
ChristensenIn ChinaMr. Christian
ArnellPhone:
+86-10-5900-1548Email: carnell@christensenir.com
In USMs. Linda BergkampPhone:
+1-480-614-3004Email: lbergkamp@ChristensenIR.com
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