Kingsoft (03888) Releases Next Day Disclosure Return and Share Repurchase Update

Bulletin Express
Feb 10

On 10 February 2026, Kingsoft Corporation Limited (03888) published a Next Day Disclosure Return. According to the announcement, the company’s total number of issued ordinary shares remained at 1,400,425,790 as of 10 February 2026, unchanged from the previous day.

The announcement detailed a series of share repurchases that took place between 29 May 2025 and 10 February 2026. These shares, though repurchased for cancellation, had not yet been cancelled by the closing balance date. The latest repurchase occurred on 10 February 2026, involving 361,600 shares at a volume-weighted average price of HKD 27.6439 per share.

A repurchase report disclosed that on 10 February 2026, Kingsoft Corporation Limited bought back 361,600 shares on the Hong Kong Stock Exchange at prices ranging between HKD 27.54 and HKD 27.86, for a total consideration of approximately HKD 9,996,032. The company confirmed that these transactions complied with all applicable regulations and its repurchase mandate, which was originally approved on 29 May 2025.

As of the date of that repurchase mandate, Kingsoft Corporation Limited was authorized to repurchase up to 140,042,579 shares, with 16,094,400 shares repurchased under the mandate so far, representing 1.15% of the company’s issued share capital at the time of the resolution. The announcement further stated that there is a moratorium period for any new share issuances or treasury share transactions until 12 March 2026.

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