Xiaomi Reports 75.93 Million-Share June Buyback; Minimal Dilution from 0.31 Million New Shares

Bulletin Express
Jun 30

Xiaomi Corporation disclosed fresh share capital movements for June 2026 in a Next Day Disclosure Return filed on 30 June 2026 with the Hong Kong Stock Exchange. Key points are as follows:

1. New Share Issues for Employee Incentives • On 29 June and 30 June 2026, Xiaomi issued a combined 310,000 Class B WVR ordinary shares under employee share schemes—177,000 shares at HKD 2.11 and 133,000 shares at HKD 1.83. • The additional shares expanded the Class B share count by just 0.0012 %, raising it from 21.34 billion to 21.34 billion shares. • Total issued share capital (Class A plus Class B) stood at 25.79 billion shares as of 26 June 2026.

2. Share Repurchase Activity Intensifies • Between 3 June and 30 June 2026, the company repurchased 75.93 million Class B shares for cancellation, equal to 0.29 % of issued shares at the time the mandate was granted (2 June 2026). • Transaction prices ranged from HKD 21.46 to HKD 28.65 per share. • The latest tranche, executed on 30 June, involved 4.50 million shares at HKD 21.68–21.56, costing HKD 97.37 million. • Following these purchases, Xiaomi retains authority to buy back up to 2.51 billion additional shares under the current mandate.

3. Moratorium on New Issuances In accordance with Hong Kong listing rules, Xiaomi is restricted from issuing new shares or disposing of treasury shares until 30 July 2026, 30 days after the most recent on-market repurchase.

4. Capital Structure Snapshot (post-transactions) • Class B shares outstanding: 21.34 billion • Total issued shares (Class A + Class B): 25.79 billion • Treasury shares: none reported • Shares pending cancellation from June buybacks: 75.93 million

The board confirms that all share issues and repurchases were duly authorised and executed in compliance with applicable regulations.

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