NetEase Cloud Music Inc. (09899) Announces Share Repurchase and New Share Issuance

Bulletin Express02-26 19:02

NetEase Cloud Music Inc. disclosed that, as of 25 February 2026, the company had approximately 216.92 million issued shares and 0.98 million treasury shares on record, bringing the total share count to 217.90 million. On 26 February 2026, it repurchased 0.10 million shares (rounded to two decimal places) at an average price of HKD 153.10 per share, which are now held as treasury shares. On the same day, 300 new shares were issued through the exercise of options under the Pre-IPO Share Incentive Scheme at HKD 85.80 per share.

Following these adjustments, the company’s issued share count stands at approximately 216.82 million shares, and its treasury share count now totals about 1.08 million shares, resulting in a total of 217.90 million shares as of 26 February 2026. The disclosed repurchases and new share issuance were authorized in accordance with the board’s resolutions and relevant regulatory requirements.

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