Kuaishou Technology disclosed two capital-market activities on 26 March 2026 under its Next Day Disclosure Return.
1. New shares from employee option exercises • Between 2 and 26 March 2026, employees exercised Pre-IPO options granted on 6 February 2018, resulting in 17 batches of new Class B shares. • Aggregate issuance: 476,335 shares (approximately 0.013 % of the 3.66 billion shares outstanding before the first issuance). • Exercise price (volume-weighted): HK$0.3273 per share. • Issued share capital rose from 3,656.95 million to 3,657.43 million shares after the allotments.
2. Share buy-back on the Exchange • On 26 March 2026, the company repurchased 6,520,000 Class B shares on the Hong Kong Stock Exchange. • Price range: HK$45.44 to HK$46.10; volume-weighted average price: about HK$45.70. • Total consideration: HK$297.88 million. • The repurchased shares, equal to 0.1498 % of the issued share count, are earmarked for cancellation.
3. Repurchase mandate utilisation • The repurchase was executed under the mandate granted on 19 June 2025, which authorises buy-backs of up to 428.39 million shares. • Cumulative repurchases under this mandate now total 25.79 million shares, representing 0.60 % of the issued share base on the mandate date. • Pursuant to Hong Kong listing rules, Kuaishou is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 25 April 2026.
All issuances and repurchases were approved by the board and conducted in compliance with Hong Kong Stock Exchange listing rules. After accounting for the new share issues—but before the cancellation of the repurchased shares—Kuaishou’s outstanding share capital stands at approximately 3.66 billion Class B shares.
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