NetEase Cloud Music Inc. (abbrev. NetEase Music) disclosed on 28 April 2026 that it repurchased 126,800 ordinary shares on the Hong Kong Stock Exchange the same day. The buy-back was executed at prices ranging from HKD 117.10 to HKD 119.60 per share, for a volume-weighted average outlay of HKD 14.99 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell 0.06 % to 212.32 million shares, while treasury shares increased to 5.60 million. The total number of issued shares remained unchanged at 217.92 million.

The purchase forms part of a repurchase mandate approved on 25 June 2025 that authorises NetEase Music to buy back up to 21.74 million shares. Cumulative repurchases under this mandate now stand at 5.27 million shares, representing 2.42 % of the share count on the mandate’s grant date.

Under Hong Kong listing rules, the company is restricted from issuing, selling or transferring any shares for 30 days after the repurchase, setting a moratorium that runs until 28 May 2026.