Kuaishou Technology reported marginal dilution and continued share repurchases in its latest Next Day Disclosure Return filed on 21 August 2026.
Key equity movements: • 23,076 Class B shares were issued on 21 August following employee option exercises under the Pre-IPO incentive scheme adopted on 6 February 2018. The increase represents just 0.0005 % of the 3.66 billion Class B shares outstanding as of 20 August 2026, lifting the Class B count to 3.66 billion (3,664,079,004 shares).
Share buy-backs for cancellation (not yet cancelled): • 20 August 2026: 8.82 million shares repurchased at an average HKD 33.97 each, equal to 0.20 % of issued shares before the transaction. • 21 August 2026: 4.42 million shares repurchased at an average HKD 33.98 each, equal to 0.10 % of issued shares before the transaction. • Combined, 13.23 million shares are pending cancellation, equivalent to 0.31 % of pre-event issued capital.
Detailed repurchase on 21 August 2026: • Volume: 4.42 million shares bought on the Hong Kong Stock Exchange. • Price range: HKD 33.42 to HKD 34.52; volume-weighted average payment of HKD 150.04 million. • All repurchased shares are earmarked for cancellation; none will be held as treasury shares.
Mandate utilisation: • The current annual buy-back mandate, approved on 25 June 2026, authorises repurchases of up to 432.69 million shares. • Cumulative purchases under this mandate total 25.53 million shares, representing 0.59 % of the company’s issued share capital on the mandate date.
Capital base after transactions: • Total issued shares (Class A and Class B) stand at 4.33 billion. • Class B shares outstanding total 3.66 billion prior to cancellation of recently repurchased shares.
Regulatory compliance: • The board confirmed that all share issues and buy-backs complied with Hong Kong Listing Rules, corporate approvals, and relevant legal requirements. • In line with listing regulations, Kuaishou Technology is subject to a moratorium on new share issues or treasury share sales until 20 September 2026 following the repurchases.
The latest actions underscore Kuaishou Technology’s ongoing capital management strategy, combining limited equity issuance for employee incentives with active share buy-backs under its authorised mandate.