On 8 July 2026, TUHU Car Inc. disclosed simultaneous movements in its share capital involving a small option-related issuance and an on-market buyback.
The exercise of employee stock options under the 2019 Share Incentive Plan led to the issue of 123,236 Class A weighted-voting-rights shares, expanding the Class A share count to 760.12 million. The new shares represent 0.0149% of the issued share base prior to the event, and were issued at USD 0.00002 each.
On the same day the company repurchased 348,200 Class A shares on the Hong Kong Stock Exchange at prices ranging from HKD 12.96 to HKD 13.20, for a total consideration of HKD 4.58 million. These shares are intended for cancellation and fall under the repurchase mandate approved on 5 June 2026, which authorises up to 82.77 million shares. Including earlier buybacks between 25 June and 7 July, shares awaiting cancellation now total 3.19 million, equal to 0.39% of the issued share count when the mandate was granted.
Following the latest transactions, TUHU Car’s issued Class A share capital stands at 760.12 million, while Class B shares remain unchanged at 67.92 million. All procedures were confirmed by the board as compliant with Hong Kong listing rules and relevant regulatory requirements.
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