KINGSOFT CORPORATION LIMITED (03888) RELEASES NEXT DAY DISCLOSURE RETURN

Bulletin Express11-28

Kingsoft Corporation Limited (03888) reported that as of 28 November 2025, its total issued ordinary shares stood at 1,400,425,790. The disclosed data shows no change in the net number of issued shares compared to the previous day’s figure on 27 November 2025.

The company provided details of multiple share repurchases for cancellation that have yet to be cancelled. The most recent transactions on 28 November 2025 involved 349,000 shares at an average repurchase price of HKD 28.6423. Earlier repurchases included various dates from May to November 2025, with amounts ranging from 34,800 shares to 1,426,400 shares, repurchased at different prices.

The filing also specified that on 28 November 2025, 349,000 shares were repurchased on the Exchange at the highest price of HKD 28.66 and the lowest price of HKD 28.62, for a total consideration of HKD 9,996,148. None of these shares were held as treasury shares. The authorization date for repurchases was 29 May 2025, covering up to 140,042,579 shares, which represented 0.38% of the total issued shares as of that authorization date.

According to the announcement, the repurchases complied with the relevant rules, and no material changes have been made to previously filed information. All disclosures, including information on pre-conditions for listing, were confirmed to be in line with regulations, as stated in the company’s announcement.

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