GEEKPLUS-W Repurchases 100,000 WVR Shares, Boosting Treasury Stock to 54.38 Million

Bulletin Express10-21 12:20

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) has disclosed a share buyback executed on 20 October 2026. The company repurchased 100,000 Type B weighted voting right (WVR) ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 6.26 and HKD 6.63, translating to a volume-weighted average cost of HKD 6.46 per share. The total consideration amounted to HKD 0.65 million.

Following the transaction, GEEKPLUS-W’s issued share capital (excluding treasury shares) declined by 0.01 % to 969.77 million shares, while treasury shares increased to 54.38 million. The overall share count remained unchanged at 1.02 billion.

The buyback was conducted under the authority of the repurchase mandate approved on 26 May 2026, which permits the company to repurchase up to 102.42 million shares. Cumulative repurchases under this mandate now stand at 54.38 million shares, equivalent to 5.31 % of the issued share base at the mandate date.

All 100,000 repurchased shares are being held in treasury; no cancellations have been executed. In line with Hong Kong listing rules, the company is subject to a moratorium on issuing, selling, or transferring treasury shares until 20 November 2026.

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