NetEase Music repurchases 117,950 shares for HKD 14.99 million; treasury stock rises to 4.62 million shares

Bulletin Express

04/16

On 16 April 2026, NetEase Music executed an on-exchange buyback of 117,950 ordinary shares, paying a total of HKD 14.99 million at prices ranging from HKD 126.00 to HKD 128.40 per share. The volume-weighted average price was HKD 127.13.

Following the transaction, issued shares outstanding (excluding treasury shares) decreased by 0.055 % to 213.30 million, while treasury shares increased to 4.62 million. Total issued share capital remained unchanged at 217.92 million shares.

The repurchase was made under the mandate approved on 25 June 2025, which authorises NetEase Music to buy back up to 21.74 million shares. Cumulative purchases under this mandate now stand at 4.28 million shares, representing 1.97 % of the share count on the mandate date.

In accordance with Hong Kong listing rules, the company is restricted from issuing new shares or selling treasury shares until 16 May 2026. NetEase Music confirmed that the buyback complied with all applicable regulations and its previously filed explanatory statement.

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NetEase Music confirmed that the buyback complied with all applicable regulations and its previously filed explanatory statement.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09899","symbol_name":"網易雲音樂","start_time":0,"source_url":"","article_id":"1182322546","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182322546","pubTimestamp":1776341002,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"On 16 April 2026, NetEase Music executed an on-exchange buyback of 117,950 ordinary shares, paying a total of HKD 14.99 million at prices ranging from HKD 126.00 to HKD 128.40 per share. 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