Kingsoft (03888) Announces Share Repurchase Update

Bulletin Express02-20

On 20 February 2026, Kingsoft Corporation Limited (03888) reported that its total issued share capital stood at 1.40 billion shares, showing no change from 13 February 2026. According to the announcement, multiple share repurchases occurred between 29 May 2025 and 20 February 2026 but remain uncancelled as of 20 February 2026.

On 20 February 2026, 0.73 million shares were repurchased at prices ranging from HKD 27.02 to HKD 27.50, with an aggregate consideration of HKD 20.00 million. Under the repurchase mandate granted on 29 May 2025, Kingsoft is authorised to repurchase up to 140.04 million shares. As of 20 February 2026, a total of 18.63 million shares had been repurchased, representing approximately 1.33% of the company’s total shares in issue when the mandate was granted.

The announcement indicates that a moratorium on new share issuances or treasury share transfers remains in effect until 22 March 2026.

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