Tencent Holdings Limited disclosed two opposite capital movements on 16 June 2026.

New share issue • 8,926 ordinary shares were issued upon option exercises under the 2023 Share Option Scheme adopted on 17 May 2023. • The weighted-average exercise price was HKD 334.12 per share. • The issuance lifted Tencent’s outstanding share count marginally by 0.0001% to 9.108 billion shares.

Share repurchases • On the same trading day, Tencent repurchased 1.113 million shares on the Hong Kong Stock Exchange at prices between HKD 445.60 and HKD 462.60, spending a total of HKD 500.64 million. • The average cost for the 16 June batch was HKD 449.81 per share. • These shares are slated for cancellation, bringing the total number of shares pending cancellation from buybacks conducted between 1 and 16 June 2026 to 11.49 million, or 0.13% of the current issued share base.

Repurchase mandate utilisation • Since receiving shareholder approval on 13 May 2026, Tencent has repurchased 21.67 million shares, equivalent to 0.24% of the issued shares outstanding on the mandate date. • The company remains authorised to repurchase up to 911.80 million shares under the existing mandate. • In accordance with Hong Kong Stock Exchange rules, Tencent is subject to a moratorium on issuing new shares (other than those already disclosed) or selling treasury shares until 16 July 2026.

Post-transaction structure • Issued shares: 9.108 billion. • Shares awaiting cancellation: 11.49 million. • Adjusted issued shares after cancellation (pro-forma): 9.096 billion.

The combination of a minimal share issuance and sizable buyback continues Tencent’s trend of offsetting option-related dilution with market repurchases, effectively reducing the share count on a net basis once the pending cancellations are completed.