Beijing Geekplus Technology Co., Ltd. (Geekplus-W) disclosed a repurchase of 200,000 weighted-voting-right (WVR) Class B ordinary shares on 14 October 2026 via the Hong Kong Stock Exchange. The shares were bought at prices between HKD 6.34 and HKD 6.54, for a volume-weighted average of HKD 6.43, bringing the cash outlay to HKD 1.29 million.
Following the transaction, Geekplus-W’s outstanding share count (excluding treasury shares) fell to 970.97 million from 971.17 million, a reduction of 0.021%. Treasury shares increased to 53.18 million, while the total issued share capital remained unchanged at 1.02 billion shares.
The buyback forms part of a mandate approved on 26 May 2026 that authorizes the company to repurchase up to 102.42 million shares. Including the latest purchase, Geekplus-W has repurchased 53.18 million shares under this mandate, equivalent to 5.19% of the outstanding shares on the mandate’s adoption date—leaving roughly 49.24 million shares, or 2.47% of the then outstanding capital, available for further repurchases.
In line with Hong Kong listing rules, Geekplus-W is subject to a moratorium on issuing new shares or disposing of treasury shares until 14 November 2026. The company confirmed that all repurchase procedures complied with the Exchange’s regulations and that no shares were cancelled as part of this transaction; all repurchased shares are held as treasury stock.
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