Xiaomi Completes Minor Share Issuance and Continues Aggressive Buy-Back, Repurchasing 48.09 Million Shares Pending Cancellation

Bulletin Express
Oct 05

Xiaomi Corporation (Xiaomi-WR) disclosed to the Hong Kong Stock Exchange on 5 October 2026 that it has adjusted its share capital through a small employee share grant and an extensive share-repurchase programme.

Key Points

• Share issuance: 11,000 Class B WVR ordinary shares were issued on 5 October 2026 under an employee share scheme at HKD 2.70 per share. The move lifted the Class B share count to 21.37 billion, an immaterial increase of 0.00004%.

• Total shares outstanding: After the issuance, Xiaomi’s issued share capital (excluding treasury shares) stands at 21.37 billion Class B shares. Including 4.43 billion Class A shares, total issued shares amount to 25.79 billion.

• Buy-backs awaiting cancellation: Between 21 July and 5 October 2026, Xiaomi repurchased 48.09 million Class B shares that are yet to be cancelled. The weighted-average repurchase cost is roughly HKD 26.47 per share, representing an aggregate cash outlay of about HKD 1.27 billion.

• Latest transaction: On 5 October 2026, the company bought back 2.00 million shares on the Exchange at prices ranging from HKD 23.76 to HKD 23.84, spending HKD 47.59 million.

• Repurchase mandate utilisation: Since receiving shareholder approval on 2 June 2026 to buy back up to 2.58 billion shares, Xiaomi has repurchased 131.71 million shares, equivalent to 0.51% of the total shares authorised under the mandate.

• Moratorium: In line with Hong Kong listing rules, Xiaomi is restricted from issuing new shares for 30 days following the 5 October buy-back, i.e. until 4 November 2026.

Financial Impact

The 48.09 million shares pending cancellation represent approximately 0.19% of Xiaomi’s total issued shares. Once cancelled, the reduced share base will marginally lift earnings per share and other per-share metrics, while the HKD 1.27 billion cash outflow will appear in financing activities on the cash-flow statement.

All board and regulatory confirmations related to the share issuance and repurchases were provided in the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10