NetEase Music repurchases 125,800 shares, trims free float by 0.06%

Bulletin Express

May 28

NetEase Music (NetEase Cloud Music Inc.) disclosed a fresh on-market share buyback conducted on 28 May 2026. The company repurchased 125,800 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 118.10 to HKD 121.70 per share, for a total consideration of HKD 14.99 million and an average price of HKD 119.20 per share.

Following the transaction, the number of issued shares excluding treasury shares fell from 210.54 million to 210.41 million, a reduction of 0.06%. Treasury shares increased to 7.51 million, while the total issued share capital remained unchanged at 217.92 million.

The repurchase forms part of the mandate granted on 25 June 2025, which authorises the company to buy back up to 21.74 million shares. To date, NetEase Music has repurchased 7.18 million shares under this mandate, representing 3.30% of the issued share count on the mandate’s approval date.

Under Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury-share disposals until 27 June 2026.

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
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1164930161"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1164930161\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1164930161?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-28 20:43","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164930161","market":"us","top_or_hot":-1,"title":"NetEase Music repurchases 125,800 shares, trims free float by 0.06%","media":"Bulletin Express","content":"<p>NetEase Music (NetEase Cloud Music Inc.) disclosed a fresh on-market share buyback conducted on 28 May 2026. The company repurchased 125,800 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 118.10 to HKD 121.70 per share, for a total consideration of HKD 14.99 million and an average price of HKD 119.20 per share.</p>\n<p>Following the transaction, the number of issued shares excluding treasury shares fell from 210.54 million to 210.41 million, a reduction of 0.06%. Treasury shares increased to 7.51 million, while the total issued share capital remained unchanged at 217.92 million.</p>\n<p>The repurchase forms part of the mandate granted on 25 June 2025, which authorises the company to buy back up to 21.74 million shares. To date, NetEase Music has repurchased 7.18 million shares under this mandate, representing 3.30% of the issued share count on the mandate’s approval date.</p>\n<p>Under Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury-share disposals until 27 June 2026.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NetEase Music repurchases 125,800 shares, trims free float by 0.06%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetEase Music repurchases 125,800 shares, trims free float by 0.06%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-05-28 20:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NetEase Music (NetEase Cloud Music Inc.) disclosed a fresh on-market share buyback conducted on 28 May 2026. The company repurchased 125,800 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 118.10 to HKD 121.70 per share, for a total consideration of HKD 14.99 million and an average price of HKD 119.20 per share.</p>\n<p>Following the transaction, the number of issued shares excluding treasury shares fell from 210.54 million to 210.41 million, a reduction of 0.06%. Treasury shares increased to 7.51 million, while the total issued share capital remained unchanged at 217.92 million.</p>\n<p>The repurchase forms part of the mandate granted on 25 June 2025, which authorises the company to buy back up to 21.74 million shares. To date, NetEase Music has repurchased 7.18 million shares under this mandate, representing 3.30% of the issued share count on the mandate’s approval date.</p>\n<p>Under Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury-share disposals until 27 June 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09899","symbol_name":"网易云音乐","start_time":0,"source_url":"","article_id":"1164930161","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164930161","pubTimestamp":1779972201,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"NetEase Music (NetEase Cloud Music Inc.) disclosed a fresh on-market share buyback conducted on 28 May 2026. The company repurchased 125,800 ordinary shares on the Hong Kong Stock Exchange at prices...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09899":"网易云音乐"},"translate_title":"网易音乐回购12.58万股自由流通量削减0.06%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09899":1},"content_text":"NetEase Music (NetEase Cloud Music Inc.) disclosed a fresh on-market share buyback conducted on 28 May 2026. The company repurchased 125,800 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 118.10 to HKD 121.70 per share, for a total consideration of HKD 14.99 million and an average price of HKD 119.20 per share.\nFollowing the transaction, the number of issued shares excluding treasury shares fell from 210.54 million to 210.41 million, a reduction of 0.06%. Treasury shares increased to 7.51 million, while the total issued share capital remained unchanged at 217.92 million.\nThe repurchase forms part of the mandate granted on 25 June 2025, which authorises the company to buy back up to 21.74 million shares. To date, NetEase Music has repurchased 7.18 million shares under this mandate, representing 3.30% of the issued share count on the mandate’s approval date.\nUnder Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury-share disposals until 27 June 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}