NetEase Cloud Music repurchases 120,450 shares, lifting treasury stock to 5.09 million

Bulletin Express04-22

NetEase Cloud Music Inc. disclosed on 22 April 2026 that it bought back 120,450 ordinary shares on the Hong Kong Stock Exchange at prices between HKD 123.30 and HKD 125.80 per share, for a total outlay of HKD 15.00 million.

Following the transaction, the company’s outstanding share count declined by 0.06 % to 212.82 million shares, while treasury shares increased to 5.09 million. Total issued shares remained unchanged at 217.92 million.

The buy-back was executed under the repurchase mandate approved on 25 June 2025, which authorises the company to repurchase up to 21.74 million shares. Including the latest tranche, NetEase Cloud Music has repurchased 4.76 million shares under this mandate—equivalent to 2.19 % of the company’s issued share capital on the approval date—leaving capacity for a further 16.98 million shares.

All repurchased shares are being retained as treasury stock; none have been cancelled. In accordance with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or disposing of treasury shares until 22 May 2026.

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