KE Holdings Inc. (02423) has disclosed its equity movements for the month ended January 31, 2026. The total authorized share capital remained at USD 500,000, with no changes reported during this period. For the WVR ordinary shares classified as Class A, the number of issued shares (excluding treasury shares) decreased from 3,366,778,024 to 3,346,029,167, reflecting a net reduction of 20,748,857 shares. For Class B, the number of issued shares declined from 139,447,770 to 138,588,377, marking a total decrease of 859,393 shares.

According to the announcement, KE Holdings Inc. fulfilled the applicable minimum public float requirement set at 25%. The share incentive plans from 2018 and 2020 continued to see activity, including options exercised under the 2018 Share Option Plan and restricted share units granted, vested, or lapsed under the 2020 Share Incentive Plan. The exercise of certain options was settled using shares registered under the depositary bank for future issuance of ADSs.

Through the month, KE Holdings Inc. repurchased part of its Class A ordinary shares on the New York Stock Exchange and canceled a portion of those that were repurchased in November and December 2025. A conversion of 859,393 Class B shares into Class A shares also took place on January 13, 2026. After these movements, the total number of Class A and Class B shares in issue stood at 3,346,029,167 and 138,588,377, respectively.