Kuaishou Technology Issues 926 New Shares, Repurchases 18.91 Million; Cumulative Buy-backs Reach 0.72% of Share Capital

Bulletin Express
Sep 02

Kuaishou Technology (KUAISHOU-W) disclosed marginal equity changes and a fresh round of buy-backs in its Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 2 September 2026.

The platform operator issued 926 Class B weighted-voting-rights (WVR) ordinary shares on 2 September following the exercise of employee stock options granted under its 6 February 2018 Pre-IPO incentive scheme. The new shares, priced at HKD 0.3273 each, expand Class B shares outstanding to 3,664.10 million, equal to just 0.00003% of the previous Class B share base. Combined with 662.86 million Class A shares, Kuaishou’s total issued shares stood at 4.32696 billion at the close of 2 September.

Concurrent with the negligible issuance, Kuaishou accelerated its share buy-back programme. Between 20 August and 2 September, the company repurchased 18.91 million Class B shares for cancellation—equivalent to roughly 0.44% of the 31 August issued share count—at volume-weighted average prices ranging from HKD 33.12 to HKD 33.98 per share.

The most recent daily repurchase, executed on 2 September, involved 445,000 shares bought on the Exchange at prices between HKD 33.54 and HKD 33.78, for a total consideration of HKD 14.99 million.

Since shareholders renewed the current buy-back mandate on 25 June 2026, Kuaishou has retired 31.21 million shares, representing 0.72% of the shares outstanding on the mandate date. The company retains authority to repurchase up to approximately 401.48 million additional shares until the mandate’s 30-day moratorium on new issuances expires on 2 October 2026.

Kuaishou holds no treasury shares; all repurchased shares are pending cancellation, underscoring management’s commitment to capital optimisation while minimally diluting existing shareholders through employee option exercises.

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