TUHU Car Inc. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 2 November 2026, detailing both a nominal increase in issued shares and further progress under its share-repurchase mandate.
On the same date, 20,476 Class A ordinary shares were issued upon vesting of restricted share units granted under the Post-IPO Share Scheme adopted on 7 September 2023. The allotment, made at no consideration, expanded the Class A share count by 0.0025 % to 756.61 million. Including 67.49 million Class B ordinary shares, total issued capital now stands at 824.10 million shares before accounting for shares pending cancellation.
Also on 2 November, the company bought back 230,300 Class A shares on the open market at prices between HK$11.39 and HK$11.60, for an aggregate consideration of HK$2.67 million. These shares are earmarked for cancellation, in line with Hong Kong Listing Rule requirements.
Since the current mandate was approved on 5 June 2026, TUHU Car has repurchased 25.48 million shares—3.08 % of the shares outstanding at the mandate date—out of an authorised limit of 82.77 million shares. All repurchased shares, including those acquired on 2 November, remain outstanding pending formal cancellation.
Under Listing Rule 10.06(3)(a), TUHU Car is subject to a moratorium on any new equity issuance until 2 December 2026 following the latest buyback activity.
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