TUHU Triggers Share Repurchase Buffer—13.94 Million Class A Shares Await Cancellation, Daily Buyback at HK$3.08 Million

Bulletin Express
Sep 29

TUHU Car Inc. (TUHU), a Cayman-incorporated issuer with weighted voting rights, filed a Next Day Disclosure Return after the market close on 29 September 2026. The company confirmed that its issued share capital remains unchanged at 755.86 million Class A ordinary shares and 67.49 million Class B ordinary shares, totaling 823.35 million shares.

Key points

• Daily transaction: On 29 September 2026 TUHU repurchased 273,300 Class A shares on the Hong Kong Stock Exchange at prices ranging from HK$11.00 to HK$11.35, for an aggregate consideration of HK$3.08 million.

• Cumulative repurchases pending cancellation: From 24 August to 29 September 2026 the company bought back 13.94 million Class A shares at an average price bracket of HK$11.10–12.75. These shares, representing 1.69 % of the company’s total issued shares, have not yet been cancelled and therefore are not reflected in the issued share count.

• Buyback mandate utilisation: Since the approval of the 82.77 million-share repurchase mandate on 5 June 2026, TUHU has repurchased 19.12 million shares, equivalent to 2.31 % of the share base on the mandate date.

• Moratorium window: In line with Main Board Rule 10.06(3), the company is restricted from issuing new shares until 29 October 2026, 30 days after the most recent repurchase.

No new shares were issued, sold, or transferred, and all repurchase activities complied with Hong Kong Listing Rules and the company’s board authorisations.

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