TUHU-W buys back 0.77 million shares, lifting cumulative 2026 repurchases to 24.39 million

Bulletin Express10-28

Hong Kong – TUHU Car Inc. (TUHU-W) filed a Next Day Disclosure Return showing continued execution of its share buy-back programme authorised on 5 June 2026.

On 28 October 2026 the company repurchased 774,400 Class A ordinary shares on the Hong Kong Stock Exchange at prices between HKD 11.32 and HKD 11.60, for a total cash consideration of HKD 8.91 million. All of the shares will be cancelled. The volume-weighted average price of the transaction was approximately HKD 11.51 per share.

Including this latest tranche, TUHU-W has bought back 24.39 million shares under the current mandate, equivalent to 2.95 % of the 824.08 million issued shares outstanding on the mandate date. The authorisation permits the repurchase of up to 82.77 million shares.

Since 24 August 2026 the issuer has repurchased but not yet cancelled 19.20 million shares, representing about 2.33 % of the present issued share capital (756.59 million Class A shares and 67.49 million Class B shares).

Under Hong Kong listing rules, TUHU-W is subject to a 30-day moratorium on issuing new shares following the latest buy-back; the restriction lasts until 27 November 2026.

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