TUYA-W Maintains Stable Share Base in August 2026; Option Exercises Do Not Dilute Capital

Bulletin Express09-03

Tuya Inc. (TUYA-W, HKEX: 02391) filed its Monthly Return for the period ended 31 August 2026, confirming that no new shares were issued and no treasury shares were cancelled or transferred during the month.

Total authorised capital remained unchanged at 1 billion shares—800.00 million Class A and 200.00 million Class B weighted-voting-rights (WVR) shares—each carrying a par value of USD 0.00005, equivalent to an aggregate authorised share capital of USD 50,000.

Issued share counts were static at 543.21 million Class A shares and 70.16 million Class B shares. The company reported zero treasury shares, and the Hong Kong Stock Exchange’s minimum 25% public-float requirement was met.

Equity incentive activity was minimal. Under the 2015 Equity Incentive Plan, 48,230 share options were exercised, reducing outstanding options to 2.44 million. The exercises were fully satisfied with previously repurchased shares held by the plan’s trustee; consequently, no additional shares were issued and dilution was avoided. Aggregate cash proceeds from these option exercises totalled USD 2.41.

At month-end, Tuya had 1.07 million restricted share units (RSUs) outstanding under the 2015 plan and 0.61 million RSUs under the 2024 Share Scheme. No new RSUs were granted or vested in August; 21,250 RSUs lapsed under the 2015 plan.

With no other share issuances, repurchases or conversions reported, Tuya’s capital structure and share count remain unchanged heading into September 2026.

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