GEEKPLUS-W buys back 30,000 WVR B shares; outstanding share count trims to 1.02 billion

Bulletin Express
07/03

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that on 3 July 2026 it repurchased 30,000 weighted-voting-right (WVR) Class B ordinary shares on the Hong Kong Stock Exchange.

The shares were bought at prices ranging from HKD 11.85 to HKD 12.12, bringing total consideration to HKD 0.36 million. Following the transaction, all 30,000 shares will be held as treasury stock.

After the buyback, the company’s issued share capital (excluding treasury shares) declined by 0.003 % to 1,020.75 million shares, while treasury shares increased to 3.40 million. Total issued shares, including treasury stock, remain at 1,024.15 million.

The repurchase forms part of a mandate approved on 26 May 2026 that authorises the company to buy back up to 102.42 million shares. Cumulative repurchases under this mandate now stand at 3.40 million shares, representing 0.332 % of the issued share base at the date of the mandate.

Under Hong Kong listing rules, GEEKPLUS-W is restricted from issuing new shares or disposing of treasury shares for 30 days following the latest repurchase, setting the next possible issuance date at 3 August 2026.

The company affirmed that the buybacks complied with all applicable listing rules and regulatory requirements, and that all funds due for the repurchased shares have been fully settled.

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