Geekplus Completes HK$1.32 Million Buyback, Adds 200,000 Shares to Treasury

Bulletin Express10-13

On 13 October 2026, Beijing Geekplus Technology Co., Ltd. (Geekplus, HKEX: 02590) repurchased 200,000 weighted-voting-rights (WVR) Class B ordinary shares on the Hong Kong Stock Exchange. The transaction was executed within a price range of HK$6.50 to HK$6.67, for a volume-weighted average cost of HK$6.58 per share, bringing total consideration to HK$1.32 million.

Following the buyback, issued shares (excluding treasury shares) decreased by 0.021% to 971.17 million, while treasury holdings rose to 52.98 million. The total share count remains unchanged at 1.02 billion.

The purchase forms part of the repurchase mandate approved on 26 May 2026, which authorises the company to buy back up to 102.42 million shares. Cumulative repurchases under this mandate now stand at 52.98 million shares, equivalent to 5.17% of the issued share base on the mandate date.

In accordance with Main Board Rule 10.06(3)(a), Geekplus is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, effective until 13 November 2026.

The company confirms that the buyback complied with all applicable Hong Kong listing rules, regulatory requirements, and its filed explanatory statement.

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