On 22 June 2026 Tencent Holdings Limited disclosed marginal changes to its share capital alongside an aggressive continuation of its June buy-back programme.

1. Minimal new-share issuance • Tencent allotted 40,246 new ordinary shares on 22 June under the 2023 Share Option Scheme, following employee option exercises. • The new shares were issued at a volume-weighted average price of HK$303.17, expanding the company’s outstanding share count by only 0.00044% to 9.108 billion shares.

2. Ongoing share repurchases total 14.90 million shares in June • Between 1 and 22 June, Tencent bought back 14.90 million shares that remain pending cancellation. • Purchase prices ranged from HK$433.82 to HK$463.18 per share, with day-by-day average considerations clustering around HK$0.50 billion. • Cumulative outlay for these repurchases, calculated from disclosed volumes and average prices, is approximately HK$6.74 billion.

3. Latest daily transaction • On 22 June, Tencent repurchased 1.154 million shares on the Hong Kong Exchange at prices between HK$428.60 and HK$439.00, spending HK$500.62 million. • All shares bought back are earmarked for cancellation.

4. Headroom under the current mandate • Shareholders authorised a repurchase mandate for up to 911.80 million shares on 13 May 2026. • Following the latest transactions, Tencent has repurchased 25.09 million shares under this mandate, equivalent to 0.28% of the company’s issued share capital at the mandate date, leaving substantial capacity for further buy-backs.

5. Capital management outlook • Post-issuance, Tencent held no treasury shares. • A 30-day moratorium on new share issues or treasury-share sales applies until 22 July 2026, in line with Hong Kong listing rules. • Once the 14.90 million repurchased shares are cancelled, Tencent’s outstanding share count will fall by roughly 0.16%, partially offsetting the marginal increase from the option exercise.