Kuaishou Technology details option-driven share issue and HKD 29.98 million buyback

Bulletin Express
Jun 04

Kuaishou Technology disclosed two capital-structure movements dated 4 June 2026:

1. Share option exercise • 7,500 Class B weighted-voting-rights shares were issued following the exercise of Pre-IPO employee options adopted on 6 February 2018. • The issue price was HKD 0.3273 per share, increasing the Class B share count to 3,668,802,666—an immaterial 0.0002 % dilution to that class. • Including 668,617,212 Class A shares, the company now has 4,337,419,878 shares outstanding.

2. Share repurchase activity • On-market buybacks on 4 June 2026 totalled 642,000 Class B shares at prices between HKD 46.04 and HKD 47.32, for an aggregate consideration of HKD 29.98 million (average HKD 46.71). • Combined with purchases on 28 May, 29 May, 1 June and 3 June, 5.45 million shares are awaiting cancellation. • Since the current mandate was approved on 19 June 2025, the company has repurchased 41.39 million shares, equivalent to 0.97 % of the issued share capital on the mandate date. • Under Hong Kong Listing Rules, Kuaishou is subject to a moratorium on new share issues until 4 July 2026 following the latest buyback.

All transactions were authorised by the board and executed in compliance with Hong Kong Main Board Listing Rules.

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