Kuaishou Technology (KUAISHOU-W) disclosed a marginal increase in its share capital and continued executions under its share-buyback mandate, according to the Next Day Disclosure Return filed on 1 June 2026 with the Hong Kong Stock Exchange.
Key takeaways
1. New share issue – employee option exercise • On 1 June 2026, 3,669 Class B weighted-voting-right ordinary shares were issued following the exercise of options granted under the Pre-IPO employee incentive scheme adopted on 6 February 2018. • Issue price: HK$0.3273 per share. • Impact: the company’s issued share base (excluding treasury shares) inched up by 0.0001 % to 3,668,779,523 shares.
2. Ongoing share repurchases • Same day (1 June 2026), Kuaishou bought back 428,000 Class B shares on the Exchange at prices between HK$46.34 and HK$47.14, for a total consideration of HK$19.96 million. • These shares are earmarked for cancellation, bringing outstanding, yet-to-be-cancelled repurchases to 3,742,000 shares, comprising: – 2,222,000 shares repurchased on 28 May 2026 at a volume-weighted average price of HK$44.9957; – 1,092,000 shares repurchased on 29 May 2026 at HK$45.7132; – 428,000 shares repurchased on 1 June 2026 at HK$46.6336. • Aggregate consideration for the above three trading days totals approximately HK$169.86 million, equating to an average cost of about HK$45.39 per share.
3. Repurchase mandate utilisation • The repurchase mandate approved on 19 June 2025 authorises the company to buy back up to 428.39 million shares. • To date, 39.68 million shares have been repurchased under this mandate, representing 0.93 % of the company’s issued shares at the mandate date. • In line with Hong Kong Listing Rules, Kuaishou is subject to a moratorium on new share issues or treasury share sales until 1 July 2026.
Capital structure snapshot (post-events, 1 June 2026) • Issued shares outstanding (excluding treasury shares): 3,668.78 million. • Treasury shares: nil, as repurchased shares await formal cancellation.
The company confirms that all share issues and repurchases were executed in compliance with the Hong Kong Listing Rules and relevant regulations.