On 02 March 2026, NetEase Cloud Music Inc. (09899) reported a repurchase of 100,250 ordinary shares. The volume-weighted average repurchase price was disclosed as HKD 149.60. According to additional details, the highest price reached HKD 153.90, and the lowest was HKD 147.30, leading to a total consideration of HKD 15.00 million.

Also on 02 March 2026, the company issued 375 new ordinary shares through the exercise of options under the Pre-IPO Share Incentive Scheme at HKD 85.80 per share.

After these transactions, the number of issued shares excluding treasury shares stands at 216.63 million, while treasury shares total 1.28 million, resulting in 217.91 million total issued shares. Under a repurchase mandate dated 25 June 2025, NetEase Cloud Music Inc. is authorized to buy back 21.74 million shares. So far, 0.95 million shares have been repurchased under this mandate, representing 0.44% of the shares outstanding at the resolution date. A 30-day moratorium period on new share issuances or transfers of treasury shares is in effect until 01 April 2026.