Xiaomi Corporation (Xiaomi-WR) disclosed to the Hong Kong Stock Exchange on 5 October 2026 that it has adjusted its share capital through a small employee share grant and an extensive share-repurchase programme.
Key Points
• Share issuance: 11,000 Class B WVR ordinary shares were issued on 5 October 2026 under an employee share scheme at HKD 2.70 per share. The move lifted the Class B share count to 21.37 billion, an immaterial increase of 0.00004%.
• Total shares outstanding: After the issuance, Xiaomi’s issued share capital (excluding treasury shares) stands at 21.37 billion Class B shares. Including 4.43 billion Class A shares, total issued shares amount to 25.79 billion.
• Buy-backs awaiting cancellation: Between 21 July and 5 October 2026, Xiaomi repurchased 48.09 million Class B shares that are yet to be cancelled. The weighted-average repurchase cost is roughly HKD 26.47 per share, representing an aggregate cash outlay of about HKD 1.27 billion.
• Latest transaction: On 5 October 2026, the company bought back 2.00 million shares on the Exchange at prices ranging from HKD 23.76 to HKD 23.84, spending HKD 47.59 million.
• Repurchase mandate utilisation: Since receiving shareholder approval on 2 June 2026 to buy back up to 2.58 billion shares, Xiaomi has repurchased 131.71 million shares, equivalent to 0.51% of the total shares authorised under the mandate.
• Moratorium: In line with Hong Kong listing rules, Xiaomi is restricted from issuing new shares for 30 days following the 5 October buy-back, i.e. until 4 November 2026.
Financial Impact
The 48.09 million shares pending cancellation represent approximately 0.19% of Xiaomi’s total issued shares. Once cancelled, the reduced share base will marginally lift earnings per share and other per-share metrics, while the HKD 1.27 billion cash outflow will appear in financing activities on the cash-flow statement.
All board and regulatory confirmations related to the share issuance and repurchases were provided in the filing.