NetEase Music executes HKD 15.00 million on-market share buyback, trims free float to 213.90 million shares

Bulletin Express04-09

NetEase Music (NetEase Cloud Music Inc.) disclosed a repurchase of 117,500 ordinary shares on 9 April 2026 through on-market transactions on the Hong Kong Stock Exchange.

• Transaction details: purchase prices ranged between HKD 125.30 and HKD 131.80 per share, with a volume-weighted average of HKD 127.62. Total consideration amounted to HKD 15.00 million.

• Capital structure impact: issued shares outstanding (excluding treasury shares) fell by 0.05 % to 213.90 million. Treasury shares increased to 4.01 million, keeping the company’s total issued share count unchanged at 217.92 million.

• Repurchase authority: the buyback was executed under the mandate approved on 25 June 2025, which authorises repurchases of up to 21.74 million shares. Cumulative purchases under this authority now stand at 3.68 million shares, representing 1.69 % of the share base when the mandate was granted.

• Moratorium: in accordance with Hong Kong listing rules, NetEase Music is restricted from issuing new shares or disposing of treasury shares until 9 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1111477443?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-09 21:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1111477443","market":"hk","top_or_hot":-1,"title":"NetEase Music executes HKD 15.00 million on-market share buyback, trims free float to 213.90 million shares","media":"Bulletin Express","content":"<p>NetEase Music (NetEase Cloud Music Inc.) disclosed a repurchase of 117,500 ordinary shares on 9 April 2026 through on-market transactions on the Hong Kong Stock Exchange.</p>\n<p>• Transaction details: purchase prices ranged between HKD 125.30 and HKD 131.80 per share, with a volume-weighted average of HKD 127.62. Total consideration amounted to HKD 15.00 million.</p>\n<p>• Capital structure impact: issued shares outstanding (excluding treasury shares) fell by 0.05 % to 213.90 million. Treasury shares increased to 4.01 million, keeping the company’s total issued share count unchanged at 217.92 million.</p>\n<p>• Repurchase authority: the buyback was executed under the mandate approved on 25 June 2025, which authorises repurchases of up to 21.74 million shares. Cumulative purchases under this authority now stand at 3.68 million shares, representing 1.69 % of the share base when the mandate was granted.</p>\n<p>• Moratorium: in accordance with Hong Kong listing rules, NetEase Music is restricted from issuing new shares or disposing of treasury shares until 9 May 2026.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NetEase Music executes HKD 15.00 million on-market share buyback, trims free float to 213.90 million shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetEase Music executes HKD 15.00 million on-market share buyback, trims free float to 213.90 million shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-09 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NetEase Music (NetEase Cloud Music Inc.) disclosed a repurchase of 117,500 ordinary shares on 9 April 2026 through on-market transactions on the Hong Kong Stock Exchange.</p>\n<p>• Transaction details: purchase prices ranged between HKD 125.30 and HKD 131.80 per share, with a volume-weighted average of HKD 127.62. Total consideration amounted to HKD 15.00 million.</p>\n<p>• Capital structure impact: issued shares outstanding (excluding treasury shares) fell by 0.05 % to 213.90 million. Treasury shares increased to 4.01 million, keeping the company’s total issued share count unchanged at 217.92 million.</p>\n<p>• Repurchase authority: the buyback was executed under the mandate approved on 25 June 2025, which authorises repurchases of up to 21.74 million shares. Cumulative purchases under this authority now stand at 3.68 million shares, representing 1.69 % of the share base when the mandate was granted.</p>\n<p>• Moratorium: in accordance with Hong Kong listing rules, NetEase Music is restricted from issuing new shares or disposing of treasury shares until 9 May 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09899","symbol_name":"网易云音乐","start_time":0,"source_url":"","article_id":"1111477443","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111477443","pubTimestamp":1775739652,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"NetEase Music (NetEase Cloud Music Inc.) disclosed a repurchase of 117,500 ordinary shares on 9 April 2026 through on-market transactions on the Hong Kong Stock Exchange. • Transaction details:...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09899":"网易云音乐"},"translate_title":"网易音乐执行1500万港元场内股份回购，自由流通股削减至21390万股","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09899":1},"content_text":"NetEase Music (NetEase Cloud Music Inc.) disclosed a repurchase of 117,500 ordinary shares on 9 April 2026 through on-market transactions on the Hong Kong Stock Exchange.\n• Transaction details: purchase prices ranged between HKD 125.30 and HKD 131.80 per share, with a volume-weighted average of HKD 127.62. Total consideration amounted to HKD 15.00 million.\n• Capital structure impact: issued shares outstanding (excluding treasury shares) fell by 0.05 % to 213.90 million. Treasury shares increased to 4.01 million, keeping the company’s total issued share count unchanged at 217.92 million.\n• Repurchase authority: the buyback was executed under the mandate approved on 25 June 2025, which authorises repurchases of up to 21.74 million shares. Cumulative purchases under this authority now stand at 3.68 million shares, representing 1.69 % of the share base when the mandate was granted.\n• Moratorium: in accordance with Hong Kong listing rules, NetEase Music is restricted from issuing new shares or disposing of treasury shares until 9 May 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1111477443","isCrawlerRequest":true}