Meitu buys back 7.80 million shares for HK$29.77 million, cuts outstanding float by 0.17%

Bulletin Express06-24 18:43

Meitu, Inc. disclosed a share repurchase of 7.80 million ordinary shares on 24 June 2026, executed on the Hong Kong Stock Exchange at prices ranging from HK$3.77 to HK$3.89 per share. The volume-weighted average repurchase price was HK$3.8169, bringing the aggregate consideration to approximately HK$29.77 million.

Following the transaction, Meitu’s outstanding share count (excluding treasury shares) declined to 4.53 billion, down 0.17% from 4.54 billion a day earlier. Treasury shares rose to 54.96 million, while the company’s total issued share capital remained unchanged at 4.59 billion shares.

The buyback forms part of the mandate approved on 05 June 2026, which authorises repurchases of up to 454.86 million shares. To date, Meitu has repurchased 17.43 million shares under this mandate, representing 0.38% of the issued shares outstanding on the mandate’s approval date. A 30-day moratorium on issuing, selling or transferring shares or treasury shares applies until 24 July 2026, in line with Hong Kong Stock Exchange rules.

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