Geekplus Completes HK$5.12 Million Share Buyback, Cutting Free-Float by 0.07%

Bulletin Express

Sep 28

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it repurchased 696,200 Class B WVR ordinary shares on 28 September 2026 via the Hong Kong Stock Exchange.

The shares were bought at prices ranging from HK$7.29 to HK$7.62, generating a volume-weighted average cost of HK$7.35 per share and an aggregate cash outlay of HK$5.12 million. All repurchased shares will be held as treasury stock.

Following the transaction, the company’s outstanding share count (excluding treasury shares) fell to 972.42 million, representing a 0.072% reduction from the previous balance. Treasury holdings rose to 51.73 million shares, while the total issued share capital remained unchanged at 1.02 billion shares.

The buyback forms part of the mandate approved by shareholders on 26 May 2026, which authorises the company to repurchase up to 102.42 million shares. Cumulative repurchases under this authority now total 51.73 million shares, equating to 5.05% of the issued share base at the time the mandate was granted.

Under Hong Kong listing rules, Geekplus is restricted from issuing, selling or transferring any shares until 28 October 2026, 30 days after the latest repurchase date.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1106292269"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1106292269\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1106292269?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-28 22:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1106292269","market":"hk","top_or_hot":-1,"title":"Geekplus Completes HK$5.12 Million Share Buyback, Cutting Free-Float by 0.07%","media":"Bulletin Express","content":"<p>Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it repurchased 696,200 Class B WVR ordinary shares on 28 September 2026 via the Hong Kong Stock Exchange.</p>\n<p>The shares were bought at prices ranging from HK$7.29 to HK$7.62, generating a volume-weighted average cost of HK$7.35 per share and an aggregate cash outlay of HK$5.12 million. All repurchased shares will be held as treasury stock.</p>\n<p>Following the transaction, the company’s outstanding share count (excluding treasury shares) fell to 972.42 million, representing a 0.072% reduction from the previous balance. Treasury holdings rose to 51.73 million shares, while the total issued share capital remained unchanged at 1.02 billion shares.</p>\n<p>The buyback forms part of the mandate approved by shareholders on 26 May 2026, which authorises the company to repurchase up to 102.42 million shares. Cumulative repurchases under this authority now total 51.73 million shares, equating to 5.05% of the issued share base at the time the mandate was granted.</p>\n<p>Under Hong Kong listing rules, Geekplus is restricted from issuing, selling or transferring any shares until 28 October 2026, 30 days after the latest repurchase date.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Geekplus Completes HK$5.12 Million Share Buyback, Cutting Free-Float by 0.07%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeekplus Completes HK$5.12 Million Share Buyback, Cutting Free-Float by 0.07%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-09-28 22:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it repurchased 696,200 Class B WVR ordinary shares on 28 September 2026 via the Hong Kong Stock Exchange.</p>\n<p>The shares were bought at prices ranging from HK$7.29 to HK$7.62, generating a volume-weighted average cost of HK$7.35 per share and an aggregate cash outlay of HK$5.12 million. All repurchased shares will be held as treasury stock.</p>\n<p>Following the transaction, the company’s outstanding share count (excluding treasury shares) fell to 972.42 million, representing a 0.072% reduction from the previous balance. Treasury holdings rose to 51.73 million shares, while the total issued share capital remained unchanged at 1.02 billion shares.</p>\n<p>The buyback forms part of the mandate approved by shareholders on 26 May 2026, which authorises the company to repurchase up to 102.42 million shares. Cumulative repurchases under this authority now total 51.73 million shares, equating to 5.05% of the issued share base at the time the mandate was granted.</p>\n<p>Under Hong Kong listing rules, Geekplus is restricted from issuing, selling or transferring any shares until 28 October 2026, 30 days after the latest repurchase date.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02590","symbol_name":"极智嘉-W","start_time":0,"source_url":"","article_id":"1106292269","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1106292269","pubTimestamp":1790606577,"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":"Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it repurchased 696,200 Class B WVR ordinary shares on 28 September 2026 via the Hong Kong Stock Exchange. The shares were bought at...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02590":"极智嘉-W"},"translate_title":"Geekplus完成512万港元股份回购，自由流通量削减0.07%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02590":1},"content_text":"Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it repurchased 696,200 Class B WVR ordinary shares on 28 September 2026 via the Hong Kong Stock Exchange.\nThe shares were bought at prices ranging from HK$7.29 to HK$7.62, generating a volume-weighted average cost of HK$7.35 per share and an aggregate cash outlay of HK$5.12 million. All repurchased shares will be held as treasury stock.\nFollowing the transaction, the company’s outstanding share count (excluding treasury shares) fell to 972.42 million, representing a 0.072% reduction from the previous balance. Treasury holdings rose to 51.73 million shares, while the total issued share capital remained unchanged at 1.02 billion shares.\nThe buyback forms part of the mandate approved by shareholders on 26 May 2026, which authorises the company to repurchase up to 102.42 million shares. Cumulative repurchases under this authority now total 51.73 million shares, equating to 5.05% of the issued share base at the time the mandate was granted.\nUnder Hong Kong listing rules, Geekplus is restricted from issuing, selling or transferring any shares until 28 October 2026, 30 days after the latest repurchase date.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}