NetEase Cloud Music Inc. (NetEase Music) filed its Monthly Return for the period ended 31 May 2026, detailing steady authorised capital, a modest drop in outstanding shares, and an active share-buyback programme. The filing was submitted to Hong Kong Exchanges and Clearing on 4 June 2026.
Authorised capital • Authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of USD0.0001, representing total authorised capital of USD100,000.
Issued and treasury shares • Outstanding shares (excluding treasury shares) declined by 1.73 million to 210.33 million, a 0.82% month-on-month contraction. • Treasury shares increased by 1.78 million to 7.63 million. • Total issued shares, including treasury stock, edged up slightly to 217.96 million.
Share-buyback activity • Between 4 May and 29 May, NetEase Music executed 15 on-market repurchases, buying back 1.78 million shares at prices ranging from HKD117.52 to HKD129.36 per share. • The aggregate consideration for the buybacks is estimated at about HKD217.27 million. All repurchased shares are being held in treasury.
Employee incentive schemes • 45,650 new shares were issued upon the exercise of options under the company’s Pre-IPO Share Incentive Scheme, generating HKD3.92 million in proceeds. • After the exercise and 350 lapses during the month, 594,610 options remain outstanding under the Pre-IPO scheme. • Under the 2022 RSU Plan, 2.04 million restricted share units are outstanding; settlement will be satisfied with existing shares.
Public float • The company confirmed compliance with the Main Board’s minimum public float requirement of 25%.
No changes occurred in authorised capital, convertibles, warrants or other share-issuance arrangements during the reporting month.
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