GEEKPLUS-W Buys Back 0.10% of Type B WVR Shares for HK$9.23 Million

Bulletin Express
09/07

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a fresh share repurchase on 7 September 2026, acquiring 973,200 Type B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock Exchange.

The on-market purchases were executed at prices ranging from HK$9.22 to HK$9.56 per share, generating a volume-weighted average cost of HK$9.49 and an aggregate cash outlay of HK$9.23 million.

Following the transaction: • Issued shares (excluding treasury shares) declined by 0.10% to 990.70 million. • Treasury share holdings rose to 33.45 million. • Total issued share capital remained unchanged at 1.02 billion shares due to the treasury share accounting treatment.

The repurchases form part of a mandate approved on 26 May 2026 that authorises the company to buy back up to 102.42 million shares. Cumulative purchases under this mandate now total 33.45 million shares, representing 3.27% of the company’s issued share base on the mandate date.

Under Hong Kong listing rules, GEEKPLUS-W is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 7 October 2026.

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