NETEASE MUSIC Spends HK$14.99 Million on Share Buyback

Stock News03-23 20:38

NETEASE MUSIC (09899) announced that on March 23, 2026, the company repurchased 118,400 shares at a total cost of HK$14.9974 million. The repurchase price per share ranged between HK$125.1 and HK$128.8. On the same day, the company issued 200 new shares as a result of exercising stock options under the pre-IPO share incentive scheme.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment