Kuaishou adds 3,699 shares through option exercise; 6.52 million shares pending cancellation after recent buybacks

Bulletin Express
06/05

Kuaishou Technology disclosed a minor change in share capital and provided an update on its ongoing share-repurchase programme.

Option exercise • On 5 June 2026, 3,699 Class B shares were issued following the exercise of options under the Pre-IPO employee incentive scheme adopted on 6 February 2018. • The issuance represents 0.0001 % of the 3,668.80 million Class B shares outstanding before the transaction. • Issue price: HKD 0.3273 per share. • Total Class B shares outstanding after the exercise stand at 3,668.81 million.

Repurchases not yet cancelled • Between 28 May and 5 June 2026 the company repurchased 6.52 million Class B shares, all earmarked for cancellation. • Volume-weighted average repurchase prices ranged from HKD 44.9957 to HKD 46.9304 per share. • Aggregate consideration for the six repurchase sessions is estimated at approximately HKD 299.84 million. • Combined with prior activity, 42.46 million shares have been bought back under the current mandate, equal to 0.99 % of the issued share count at the authorisation date (19 June 2025). • Pursuant to listing rules, Kuaishou is subject to a moratorium on new share issues until 5 July 2026.

Same-day repurchase disclosure • On 5 June 2026, 1.065 million shares were repurchased on the Hong Kong Stock Exchange at prices between HKD 46.62 and HKD 47.38, for a total outlay of HKD 49.98 million.

Capital structure context • As of 4 June 2026, Kuaishou’s overall issued share base comprised 4,337.42 million shares, including 668.62 million Class A and 3,668.80 million Class B shares. • The weighted voting rights structure remains unchanged.

All transactions were authorised by the board and executed in compliance with Hong Kong listing regulations.

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