Geekplus repurchases 0.50 million WVR shares; treasury stock rises to 1.20 million

Bulletin Express06-26

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed that it bought back 0.50 million Class B WVR shares on 26 June 2026 through on-market transactions at the Hong Kong Stock Exchange, paying HKD 5.52 million in aggregate. The repurchase price ranged between HKD 10.90 and HKD 11.18 per share, translating to a volume-weighted average of roughly HKD 11.04.

Following the transaction, issued shares (excluding treasury shares) fell by 0.049% to 1,022.95 million, while treasury shares expanded from 0.70 million to 1.20 million. Total issued shares remained unchanged at 1,024.15 million.

The buyback forms part of a mandate approved on 26 May 2026 that authorises Geekplus to repurchase up to 102.42 million shares. Cumulative repurchases under this mandate now stand at 1.20 million shares, equivalent to 0.117% of the company’s issued share base on the mandate date.

All repurchased shares have been retained as treasury stock; none have been cancelled. Under Hong Kong listing rules, Geekplus is subject to a 30-day moratorium on new share issues or treasury share sales, ending 26 July 2026.

The board confirms full compliance with the Hong Kong Stock Exchange’s repurchase regulations and related legal requirements.

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