NetEase Cloud Music (09899.HK) Buys Back 102,600 Shares for HKD 15.00 Million; Outstanding Share Count Drops 0.05%

Bulletin Express03-16

NetEase Cloud Music Inc. (09899.HK) disclosed a share movement on 16 March 2026 involving both a buyback and a minor option exercise.

Key points 1. Share repurchase • Volume: 102,600 ordinary shares • Price range: HKD 144.20–147.70 per share, volume-weighted average price HKD 146.14 • Aggregate consideration: HKD 14.99 million • All repurchased shares are held as treasury shares; none have been cancelled.

2. Issuance under Pre-IPO Share Incentive Scheme • New shares issued: 200 ordinary shares upon option exercise • Issue price: HKD 85.80 per share

3. Capital structure after transactions (as of 16 March 2026) • Issued shares (excluding treasury shares): 215,612,566 • Treasury shares: 2,299,200 • Total issued shares: 217,911,766 • The buyback reduced the public float by 0.04756%.

4. Repurchase mandate utilisation • Mandate granted: 25 June 2025, authorising a maximum of 21,739,953 shares • Cumulative buybacks under mandate: 1,967,650 shares, equivalent to 0.9051% of the issued share base on the mandate date • Moratorium on new share issuance or treasury-share sales remains in force until 15 April 2026, in line with Hong Kong listing rules.

No other share sales or cancellations were reported.

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Comments

  • Slash Azagathoth
    2021-06-10
    Slash Azagathoth
    Up or down today
  • BoJio
    2021-06-10
    BoJio
    Like and comment please
  • YiiYii
    2021-06-10
    YiiYii
    Are you one of the Apes? [財迷] 
  • Ces95
    2021-06-10
    Ces95
    [驚訝] 
  • Johnlimwt
    2021-06-10
    Johnlimwt
    Is that considered good new or bad ? Please like and thank you
    • RichTea
      I think they just want to express gratitude to shareholders
  • VictorTan
    2021-06-10
    VictorTan
    Omg
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