Bilibili Launches US$300.00 Million Two-Year Share Buyback Program

Bulletin Express06-24 17:44

Bilibili Inc. (Nasdaq: BILI; HKEX: 09626), a leading Chinese video community, has received board approval for a share repurchase program of up to US$300.00 million. The mandate, effective 24 June 2026, authorizes the company to buy back its Class Z ordinary shares and/or American depositary shares over the next 24 months.

Repurchases may be executed through open-market purchases, privately negotiated transactions, block trades, and Rule 10b5-1 trading plans, subject to market conditions and regulatory requirements. The board will periodically review the plan and may adjust its scope or duration.

Bilibili intends to finance the buybacks using its existing cash reserves, underscoring management’s confidence in the company’s long-term prospects and balance-sheet capacity.

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