Tencent buys back 4.04 million shares for HKD 1.80 billion; only 3,718 new shares issued via option exercise

Bulletin Express
Aug 24

On 24 August 2026, Tencent Holdings Limited disclosed incremental changes to its share capital, combining a routine option-linked issuance with a sizeable round of on-market buybacks.

Tencent issued 3,718 new ordinary shares at a weighted-average price of HKD 298.16 through the exercise of options granted under the 2023 Share Option Scheme. The move lifted total outstanding shares to 9.10 billion, representing a marginal dilution of 0.00004%.

Meanwhile, the group repurchased an aggregate 4.04 million shares on the Hong Kong Stock Exchange across six trading sessions from 17 to 24 August 2026. The daily buyback volumes ranged between 662,000 and 681,000 shares, executed at prices from HKD 438.60 to HKD 453.59 per share. The programme absorbed approximately HKD 1.80 billion in total cash outlay, translating into an average repurchase price of HKD 446.54 per share. These shares remain outstanding pending formal cancellation and represent about 0.044% of Tencent’s current issued share capital.

Under the repurchase mandate approved on 13 May 2026, Tencent is authorised to buy back up to 911.80 million shares. To date, 40.11 million shares—equivalent to 0.44% of the share base at mandate date—have been repurchased. In accordance with Hong Kong listing rules, Tencent is now subject to a moratorium on issuing new shares until 23 September 2026.

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