Tencent Holdings Limited reported the following equity movements for the month ended 31 May 2026:

1. Authorised Capital • Remained unchanged at 50 billion ordinary shares with a par value of HKD 0.00002, representing authorised capital of HKD 1.00 million.

2. Issued Share Capital • Issued shares (excluding treasury shares) increased by 69,749 to 9,118.06 million, reflecting option exercises under the 2023 Share Option Scheme. • No treasury shares were outstanding; the public-float requirement of at least 25% was met.

3. Share Repurchases • 10.19 million ordinary shares were repurchased between 18–22 and 26–29 May 2026 but had not been cancelled as of month-end. The pending cancellation represents roughly 0.11% of total issued shares.

4. Share Option Activity • 69,749 options were exercised, raising HKD 21.51 million in proceeds. • Options outstanding under the 2023 scheme stood at 74.12 million, of which 45.17 million shares are currently issuable. The scheme permits issuance of up to 245.96 million shares in total.

Overall, Tencent’s May activity was dominated by an on-market share repurchase programme while maintaining compliance with Hong Kong Stock Exchange public-float rules. The modest share issuance from option exercises had a negligible dilutive effect relative to the 9.12 billion share base.