Kuaishou Aims to Boost Shareholder Returns to Around 4% in 2026, Targets Positive Free Cash Flow for the Year

Stock News
May 27

During the first-quarter earnings call for 2026, Kuaishou Technology's Chief Financial Officer Jin Bing stated that, building on this year's annual dividend of HK$3 billion, Kuaishou will continue to actively conduct share buybacks. It is anticipated that the total shareholder return for 2026, including dividends and share repurchases, will further increase compared to last year, raising the shareholder return rate to approximately 4%. Regarding capital expenditures, Jin Bing mentioned that the company expects capital expenditures of about RMB 26 billion in 2026. The current guidance is not expected to be adjusted, with most of the capital expenditures likely occurring in the first half of the year. Additionally, to address rising computing power prices, the company has made advance procurement and stockpiling arrangements to better control costs during periods of market price increases. Despite these capital outlays, Kuaishou's annual goal remains to maintain positive free cash flow at the group level.

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