Kuaishou Technology disclosed a marginal increase in share capital and continued execution of its buy-back programme in a Next Day Disclosure Return filed on 8 June 2026.
Key points
• New share issue: 1,223 Class B WVR ordinary shares were issued on 8 June under the Pre-IPO employee incentive scheme adopted on 6 February 2018. The exercise price was HK$0.3273 per share, expanding the Class B share base from 3,668,806,365 to 3,668,807,588—an immaterial change versus the pre-event total.
• Daily repurchase activity: On 8 June the company bought back 2,042,000 Class B shares on the Hong Kong Stock Exchange at prices between HK$43.68 and HK$44.34, spending HK$89.95 million. All repurchased shares are earmarked for cancellation.
• Pending cancellations: Including purchases made between 28 May and 8 June, 8,559,000 Class B shares remain outstanding for cancellation, equal to approximately 0.20 % of the company’s issued share capital as at 5 June 2026.
• Mandate utilisation: Since the repurchase mandate was approved on 19 June 2025, Kuaishou has bought back 44,498,300 shares—1.04 % of the share count on the mandate date—out of an authorised limit of 428,392,652 shares.
Following the 8 June transactions, total issued Class B shares stand at 3,668,807,588, while the overall issued share capital (including 668,617,212 Class A shares) remains unchanged at 4,337,425,800 before the pending cancellations take effect.