Kuaishou Technology reported two capital-structure movements on 22 April 2026:

• Share option exercise: 7,205 Class B shares (0.01 million shares, equal to 0.0002% of pre-event issued share capital) were issued at an exercise price of HK$0.3273 per share under the company’s 6 February 2018 Pre-IPO employee incentive scheme. The total number of issued shares rose to 3.66 billion (3,661.18 million) after the allotment.

• Share repurchase: On-market buy-backs continued, with 660,000 Class B shares repurchased at prices between HK$45.32 and HK$45.46, costing HK$29.94 million in aggregate. These shares are earmarked for cancellation.

Cumulative repurchases awaiting cancellation now stand at 7,569,700 shares (7.57 million), executed between 27 March and 22 April 2026 at volume-weighted average prices ranging from HK$44.54 to HK$46.28. Under the shareholder mandate granted on 19 June 2025, Kuaishou is authorised to repurchase up to 428.39 million shares; 33.80 million shares (0.79% of the outstanding shares at mandate date) have been bought back to date, leaving roughly 394.59 million shares available for future repurchase.

Following the latest transactions, the company’s issued share capital comprises 685.90 million Class A shares and 3.66 billion Class B shares. In line with Hong Kong Stock Exchange rules, Kuaishou is subject to a 30-day moratorium—until 22 May 2026—on new share issues or treasury-share sales after the repurchase activity.