TUHU Car Inc. (TUHU-W) submitted a Next Day Disclosure Return to the Hong Kong Stock Exchange on 29 October 2026, detailing progress under its share-repurchase programme.
• Capital structure unchanged The company maintained 756.59 million Class A WVR ordinary shares in issue as of 29 October 2026. Including 67.49 million Class B shares, total issued capital stood at 824.08 million shares.
• 19.72 million shares bought back but not yet cancelled Between 24 August and 29 October 2026 the company repurchased 19.72 million Class A shares for cancellation, representing 2.39 % of the total issued share capital before the first repurchase. Purchase prices ranged from HKD 11.10 to HKD 12.75 per share.
• Latest transaction On 29 October 2026, TUHU-W acquired 517,500 shares on the Exchange at between HKD 11.40 and HKD 11.60, for a total consideration of HKD 5.98 million.
• Mandate utilisation Under the buyback mandate approved on 5 June 2026, the company is authorised to repurchase up to 82.77 million shares. To date, 24.90 million shares have been repurchased—equivalent to 3.01 % of the issued shares outstanding at the mandate’s adoption—leaving 69 % of the authorisation unused.
• Moratorium on new issues Pursuant to Hong Kong listing rules, the latest repurchase triggers a 30-day moratorium on new share issues or treasury-share sales, effective until 28 November 2026.
All repurchases have been executed in compliance with Hong Kong listing requirements, and the repurchased shares remain outstanding until formal cancellation.
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