GEEKPLUS-W Repurchases 0.90 Million WVR B Shares, Treasury Stock Climbs to 18.20 Million

Bulletin Express07-24

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a share buyback executed on 24 July 2026 under its existing repurchase mandate.

On-market repurchase • Trading date: 24 July 2026 • Class / type: WVR ordinary shares B • Volume: 0.90 million shares • Price range: HKD 9.20 – HKD 9.38 per share • Volume-weighted average price: approximately HKD 9.26 • Aggregate consideration: HKD 8.33 million

Impact on share capital • Issued shares (excluding treasury) fell 0.09 % to 1.006 billion. • Treasury shares increased from 17.30 million to 18.20 million. • Total issued shares remained unchanged at 1.024 billion, as the repurchased shares are being held in treasury rather than cancelled.

Repurchase mandate utilisation • Authorised limit (26 May 2026 resolution): 102.42 million shares. • Cumulative repurchases to date: 18.20 million shares, representing 1.78 % of the issued shares on the mandate date. • Moratorium: The company is restricted from issuing new shares or selling treasury shares until 24 August 2026.

The board confirmed that the transactions complied with Hong Kong Stock Exchange Main Board Rules, and all regulatory and procedural requirements have been met.

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(GEEKPLUS-W) disclosed a share buyback executed on 24 July 2026 under its existing repurchase mandate.</p>\n<p>On-market repurchase  \n• Trading date: 24 July 2026  \n• Class / type: WVR ordinary shares B  \n• Volume: 0.90 million shares  \n• Price range: HKD 9.20 – HKD 9.38 per share  \n• Volume-weighted average price: approximately HKD 9.26  \n• Aggregate consideration: HKD 8.33 million</p>\n<p>Impact on share capital  \n• Issued shares (excluding treasury) fell 0.09 % to 1.006 billion.  \n• Treasury shares increased from 17.30 million to 18.20 million.  \n• Total issued shares remained unchanged at 1.024 billion, as the repurchased shares are being held in treasury rather than cancelled.</p>\n<p>Repurchase mandate utilisation  \n• Authorised limit (26 May 2026 resolution): 102.42 million shares.  \n• Cumulative repurchases to date: 18.20 million shares, representing 1.78 % of the issued shares on the mandate date.  \n• Moratorium: The company is restricted from issuing new shares or selling treasury shares until 24 August 2026.</p>\n<p>The board confirmed that the transactions complied with Hong Kong Stock Exchange Main Board Rules, and all regulatory and procedural requirements have been met.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GEEKPLUS-W Repurchases 0.90 Million WVR B Shares, Treasury Stock Climbs to 18.20 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGEEKPLUS-W Repurchases 0.90 Million WVR B Shares, Treasury Stock Climbs to 18.20 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-07-24 17:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Beijing Geekplus Technology Co., Ltd. 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