Geekplus Buys Back 0.02% of Its Shares for HK$1.65 Million

Bulletin Express09-17

Beijing-based robotics specialist Geekplus (GEEKPLUS-W) disclosed a repurchase of 200,000 WVR ordinary Class B shares on 17 September 2026 via on-market transactions on the Hong Kong Stock Exchange.

The shares were repurchased at prices ranging from HK$8.12 to HK$8.36, resulting in a volume-weighted average cost of HK$8.27 per share and a total cash outlay of HK$1.65 million.

Following the transaction, Geekplus’ issued share capital (excluding treasury shares) declined by 0.02% to 979.70 million shares, while treasury shares increased to 44.45 million. The total issued share count remained unchanged at 1.02 billion shares, as the repurchased stock will be held in treasury rather than cancelled.

The buyback was executed under a mandate approved on 26 May 2026, which authorises the company to repurchase up to 102.42 million shares. Cumulative buybacks under this mandate now total 44.45 million shares, equivalent to 4.34% of the shares outstanding on the mandate date. In accordance with Hong Kong listing rules, Geekplus is restricted from issuing new shares or selling treasury shares until 17 October 2026.

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