Kuaishou Technology Issues 19,871 New Class B Shares and Repurchases 0.99 Million Shares on 23 April 2026

Bulletin Express
04/23

On 23 April 2026, Kuaishou Technology disclosed incremental changes to its share capital, highlighting a minor option-driven share issuance and continued execution of its on-market buy-back programme.

New Share Issue • 19,871 Class B weighted-voting-right shares were issued following the exercise of employee options granted under the 6 February 2018 pre-IPO incentive scheme. • Exercise price: HKD 0.3273 per share. • The issuance expanded the Class B share base by 0.0005%, from 3,661,175,034 to 3,661,194,905 shares. • Total issued share capital (Class A + Class B) rose to 4.35 billion shares.

Ongoing Share Repurchases • Between 27 March and 23 April 2026 the company repurchased 9.00 million Class B shares for cancellation, equal to approximately 0.21% of the current issued share capital. • The latest repurchase on 23 April covered 992,300 shares bought on the Stock Exchange at prices between HKD 44.02 and HKD 44.24, for a total consideration of HKD 43.79 million. • Cumulatively, 34.79 million shares have been bought back under the mandate approved on 19 June 2025, representing 0.81% of the shares outstanding on the mandate date. The current authorisation allows repurchases of up to 428.39 million shares.

Regulatory Note Under Hong Kong Listing Rule 10.06(3)(a), Kuaishou Technology is subject to a 30-day moratorium on issuing new shares or transferring treasury shares, extending to 23 May 2026.

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