Geely Auto repurchases 8.48 million shares for HK$181.22 million; marginal net shrinkage in outstanding stock

Bulletin Express05-13 16:45

Geely Automobile Holdings Limited (Geely Auto) disclosed that on 13 May 2026 it repurchased 8.48 million ordinary shares on the Hong Kong Stock Exchange at prices ranging from HK$21.04 to HK$22.40, for a volume-weighted average of HK$21.37. The outlay totalled HK$181.22 million. All repurchased shares were retained as treasury stock, lifting the treasury balance to 62.79 million shares from 54.31 million.

Concurrently, 267,500 new shares were issued upon employee and related-party option exercises under the April 2023 share option scheme. The new shares were allotted at HK$9.56 and HK$18.52 per share.

Transaction flows produced a net reduction of 8.21 million shares (-0.08%) in Geely Auto’s issued share capital (excluding treasury stock), which stood at 10.78 billion shares at 13 May 2026. Including treasury shares, total issued capital edged up to 10.85 billion, a dilution of just 0.002% attributable to the option exercises.

Under the repurchase mandate approved on 30 May 2025, Geely Auto is authorised to buy back up to 1.01 billion shares; cumulative purchases now total 130.22 million shares, representing 1.29% of the issued share count on the mandate date. No repurchased shares have been cancelled. In line with Hong Kong listing rules, a 30-day moratorium restricts further share issues or treasury share disposals until 12 June 2026.

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