Horizon Robotics (HORIZONROBOT-W) released its Monthly Return for April 2026, outlining a sizeable on-market share buy-back and confirming continued compliance with Hong Kong’s minimum public-float requirement.

Key Takeaways

1. Share Repurchase • Between 9 and 17 April 2026 the issuer bought back a total of 13.68 million Class B shares at prices ranging from HKD 7.0003 to HKD 7.2832. • The aggregate consideration is estimated at HKD 96.28 million, and all repurchased shares are being held as treasury stock. • No shares were cancelled during the month, so total issued Class B shares remain at 12.53 billion, of which 13.68 million are now in treasury.

2. Capital Structure • Authorised share capital stayed unchanged at 20.00 billion shares (USD 50,000 par value in total), split between 2.12 billion Class A and 17.88 billion Class B shares. • Issued share capital at month-end comprised 2.12 billion Class A shares (unlisted) and 12.51 billion Class B shares (listed). • The company confirmed its free-float remains above the 25% threshold stipulated by the Hong Kong Stock Exchange.

3. Incentive and Financing Instruments • Post-IPO Share Incentive Plan: 447.86 million Class B shares are still available for future option grants; no options were exercised in April. • Other share-based arrangements under the same plan could issue or transfer up to 72.07 million additional Class B shares. • Convertible Loan: USD 924.86 million of notes due 7 December 2026 remain outstanding, convertible at HKD 3.99 per Class B share, subject to a 9.9% shareholding cap for CARIAD Estonia AS. No conversions occurred during the period.

Horizon Robotics did not alter its authorised capital, issue new shares or cancel any treasury stock during the month. The April activity was confined to open-market repurchases, reinforcing the group’s treasury position while maintaining free-float compliance.