KE Holdings Inc. (02423) reported that as of November 30, 2025, its total authorized share capital remained at USD 500,000. The company’s WVR Class A authorized share capital stood at USD 482,293.97, while WVR Class B authorized share capital was USD 17,706.03.

During the month, the number of issued WVR Class A shares declined from 3,403,080,518 to 3,366,778,024, reflecting a decrease of 36,302,494 shares. Similarly, issued WVR Class B shares moved from 140,951,375 to 139,447,770, reflecting a decrease of 1,503,605 shares. This drop includes the conversion of 1,503,605 Class B shares into Class A shares on November 13, 2025.

In relation to share option exercises under the 2018 Share Option Plan, 351,561 options were exercised, raising USD 7.03 in total consideration. The company also highlighted that 10,185,150 Class A shares were repurchased and remained uncancelled at the end of November, while 37,806,099 Class A shares previously repurchased were cancelled on November 13, 2025.