Geekplus repurchases 0.04% of WVR B shares for HKD 4.06 million

Bulletin Express07-29 06:23

Beijing Geekplus Technology Co., Ltd. (Geekplus) executed an on-market share buy-back on 28 July 2026, acquiring 436,600 weighted-voting-right (WVR) Class B shares at prices ranging between HKD 9.11 and HKD 9.69 per share. The transaction totalled HKD 4.06 million, equivalent to an average cost of HKD 9.30 per share.

Post-transaction, the company’s outstanding share count (excluding treasury shares) fell from 1.01 billion to 1.01 billion, a reduction of 0.04%. Treasury shares increased to 18.84 million, while the overall issued share capital remained unchanged at 1.02 billion shares.

The repurchase forms part of a mandate approved on 26 May 2026 that authorises Geekplus to buy back up to 102.42 million shares; cumulative repurchases under this mandate now stand at 18.84 million shares, representing 1.84% of the issued shares on the mandate’s approval date.

In accordance with Hong Kong Stock Exchange regulations, Geekplus is subject to a moratorium on issuing new shares or disposing of treasury shares until 28 August 2026. The company confirmed that the buy-back complied with all relevant listing rules and regulatory requirements.

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