Beijing Geekplus Technology Co., Ltd. (“Geekplus”) disclosed that it repurchased 750,000 weighted voting right (WVR) Class B ordinary shares on 2 July 2026 via on-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 11.62 to HKD 12.12, with a volume-weighted average of HKD 11.81, for a total consideration of approximately HKD 8.86 million.
Following the transaction, Geekplus’ treasury share balance increased from 2.62 million to 3.37 million. Issued shares outstanding (excluding treasury shares) declined by 0.073 % to 1.02 billion, while the company’s total issued share count remained unchanged at 1.02 billion.
The repurchase was executed under the general mandate granted by shareholders on 26 May 2026, which authorises the company to buy back up to 102.42 million shares. Cumulative repurchases under this mandate now stand at 3.37 million shares, representing 0.33 % of the issued share base at the mandate date. In accordance with Hong Kong listing rules, Geekplus is subject to a 30-day moratorium on issuing new shares or selling treasury stock until 2 August 2026.
All repurchased shares were retained as treasury shares; none have been cancelled. Geekplus confirmed that the board duly authorised the transaction and that all regulatory requirements and listing rules have been observed.
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