WeRide Executes 1.24 Million-Share Buyback on Nasdaq, Cutting Outstanding Float by 0.13%

Bulletin Express06-29 08:24

WeRide Inc. disclosed that it repurchased 1.24 million Class A WVR ordinary shares (traded as American depositary shares on the Nasdaq Stock Market) on 26 June 2026. The shares were bought at prices ranging from USD 1.79 to USD 1.83, with a volume-weighted average cost of USD 1.81 per share, for a total cash outlay of USD 2.24 million.

Following the transaction, WeRide’s issued share capital (excluding treasury shares) declined by 0.13% to 933.82 million shares. Treasury shares increased by the same 1.24 million to 38.69 million, while the company’s total issued share count remained unchanged at 972.51 million.

The buyback was conducted under a mandate approved on 26 June 2026 that authorises repurchases of up to 98.99 million shares. To date, 1.24 million shares—equivalent to 0.13% of the issued share base as of the mandate date—have been repurchased under this authority. All repurchased shares are being held in treasury; none have been cancelled.

In accordance with Hong Kong Stock Exchange rules, WeRide is subject to a 30-day moratorium, ending 26 July 2026, during which it may not issue new shares or dispose of treasury shares without prior exchange approval. The company affirmed that the repurchase complied with all applicable listing rules and regulatory requirements.

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