Kuaishou Technology disclosed a new share repurchase on 29 May 2026, cancelling 1.09 million weighted-voting-rights (WVR) Class B shares through on-market transactions on the Hong Kong Stock Exchange.

• Transaction size: 1.09 million shares, equal to 0.03% of the 4.34 billion total issued shares (Class A + Class B) prior to the buyback.

• Price range: HK$44.26–HK$46.64 per share, resulting in a volume-weighted average repurchase price of HK$45.71.

• Cash outlay: HK$49.92 million.

The latest purchase lifts the cumulative number of shares repurchased under the mandate approved on 19 June 2025 to 39.25 million, representing 0.92% of the share count on the mandate date. The current repurchase authority allows for up to 428.39 million shares to be bought back.

Including the 2.22 million shares acquired one day earlier, shares pending cancellation now stand at 3.31 million. Post-transaction, the outstanding Class B share count remains 3.67 billion until the cancellation is processed, with total issued shares unchanged at 4.34 billion.

Under Hong Kong Listing Rule 10.06, Kuaishou cannot issue new shares or transfer treasury shares until 28 June 2026, 30 days after the latest repurchase.

The company confirmed that all repurchases complied with Hong Kong listing regulations, and no material changes have occurred to the explanatory statement filed with the Exchange in April 2025.