Kingsoft buys back 0.06% of shares on-market; cumulative repurchase under mandate rises to 21.73 million shares

Bulletin Express04-02

Kingsoft Corporation Limited disclosed in a Next Day Disclosure Return filed on 2 April 2026 that it repurchased 885,600 ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices between HK$22.38 and HK$22.70, resulting in a volume-weighted average cost of HK$22.58 per share and an aggregate cash outlay of HK$19.99 million.

The latest transaction lifts the tally of shares repurchased for cancellation but not yet cancelled on 30 March, 31 March and 2 April to 3.10 million shares, or about 0.22% of the company’s 1.38 billion issued shares. The combined expenditure for these three trading sessions amounts to HK$69.99 million, translating into a blended average price of HK$22.58 per share.

Under the share buy-back mandate approved on 29 May 2025, Kingsoft is authorised to repurchase up to 140.04 million shares. As of 2 April 2026, the company has bought back 21.73 million shares, equivalent to 1.55% of the issued share capital as at the mandate date.

In line with Hong Kong listing rules, Kingsoft is subject to a moratorium on issuing new shares for 30 days following the latest repurchase, ending on 2 May 2026.

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