On 11 November 2026, Xiaomi Corporation disclosed two capital-market actions involving its weighted voting right (WVR) Class B ordinary shares: a small-scale share issuance under employee incentive schemes and the continuation of its on-market share-buyback programme.
Share issuance for awards and options • Two tranches of new Class B shares—251,800 on 10 November and 44,200 on 11 November—were allotted to non-director participants in the company’s share schemes. • The respective issue prices were HK$2.43 and HK$2.58 per share. • The combined 296,000 new shares represent approximately 0.0014% of the 21.37 billion Class B shares outstanding before the issuances. • Following the allotments, Xiaomi’s total Class B share count rose to 21.37 billion, while the company’s overall issued share capital (Class A plus Class B) stood at 25.80 billion shares.
Latest buyback transaction • On 11 November 2026, the company repurchased 1.66 million Class B shares on the Hong Kong Stock Exchange at prices ranging from HK$29.96 to HK$30.12, spending HK$49.88 million in aggregate. • All repurchased shares are intended for cancellation, and issuance of new shares or treasury-share sales is restricted until 11 December 2026 under listing rules.
Cumulative buybacks awaiting cancellation • Including the latest purchase, Xiaomi has 65.69 million Class B shares—acquired between 21 July and 11 November 2026—pending cancellation. • Purchase prices for these shares ranged from HK$23.80 to HK$30.15.
Repurchase mandate utilisation • The current mandate, approved on 2 June 2026, authorises buybacks of up to 2.58 billion shares. • To date, 149.32 million shares have been repurchased, equivalent to 0.58% of the company’s issued share capital on the mandate’s approval date, leaving substantial headroom for further purchases.
Capital structure impact • The 0.30 million new shares slightly dilute existing shareholders by 0.0014%, an impact more than offset by the pending cancellation of 65.69 million repurchased shares, which would reduce the share count by roughly 0.25% once completed.
All transactions were carried out in compliance with Hong Kong Stock Exchange listing rules, and all funds due from share issuances have been fully received, according to the company’s filing signed by Chief Financial Officer Alain Lam.
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