Meitu Completes HKD 19.86 Million Share Repurchase, Reducing Free Float by 0.11%

Bulletin Express
06/23

Meitu, Inc. disclosed on 23 June 2026 that it repurchased 4.86 million ordinary shares on the Hong Kong Stock Exchange for a total consideration of HKD 19.86 million. The shares were bought at prices ranging from HKD 4.03 to HKD 4.14, with a volume-weighted average price of HKD 4.0883.

Following the transaction, Meitu’s issued share count (excluding treasury shares) fell from 4.54 billion to 4.54 billion, a decrease of 0.11%. Treasury shares rose to 47.16 million, while total issued shares remained unchanged at 4.59 billion.

The buyback forms part of the mandate approved on 05 June 2026, which authorizes repurchases of up to 454.86 million shares. To date, 9.63 million shares—equivalent to 0.21% of the company’s outstanding shares at the time the mandate was granted—have been repurchased under this authority. A 30-day moratorium on new share issues or the sale/transfer of treasury shares extends through 23 July 2026.

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