Kuaishou Issues 57.68 Thousand New Class B Shares, Repurchases 1.09 Million Shares on 11 June

Bulletin Express
06/11

Kuaishou Technology (Kuaishou), a Cayman-incorporated company with weighted voting rights (WVR) structure, disclosed multiple capital movements in its Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 11 June 2026.

Share Issuance • On 10–11 June 2026, employees exercised options granted under the Pre-IPO employee incentive scheme (adopted 6 February 2018), resulting in the issuance of 57,676 new Class B shares. • The exercises were priced at HKD 0.3273 per share and expanded Kuaishou’s issued share capital (excluding treasury shares) by 0.0013 %. • Post-issuance, total issued shares (excluding treasury shares) rose to 3,668.90 million from 3,668.84 million.

Share Repurchases Pending Cancellation Between 28 May and 11 June 2026, Kuaishou bought back 10.61 million Class B shares for cancellation, equivalent to approximately 0.29 % of the current issued share base. Transaction details are as follows: – Average repurchase prices ranged from HKD 44.05 to HKD 46.93 per share. – The latest repurchase on 11 June involved 1.09 million shares at prices between HKD 45.44 and HKD 45.94, costing HKD 49.97 million.

Cumulative Mandate Utilisation • Since shareholders approved the repurchase mandate on 19 June 2025, the company has repurchased 46.55 million shares, utilising 1.09 % of the authorised 428.39 million-share limit.

Moratorium on New Issues • In line with HKEX Rule 10.06(3), Kuaishou is restricted from issuing new shares or transferring treasury shares until 11 July 2026, 30 days after the most recent repurchase.

Capital Structure Snapshot (as at 11 June 2026) • Issued shares (excluding treasury shares): 3,668.90 million Class B WVR shares. • Treasury shares: none held; 10.61 million repurchased shares await formal cancellation.

The company confirmed that all share issuances and repurchases complied with applicable Hong Kong listing rules and regulatory requirements.

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