GEEKPLUS-W Buys Back 0.10% of Type B WVR Shares for HK$9.23 Million

Bulletin Express

Sep 07

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a fresh share repurchase on 7 September 2026, acquiring 973,200 Type B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock Exchange.

The on-market purchases were executed at prices ranging from HK$9.22 to HK$9.56 per share, generating a volume-weighted average cost of HK$9.49 and an aggregate cash outlay of HK$9.23 million.

Following the transaction: • Issued shares (excluding treasury shares) declined by 0.10% to 990.70 million. • Treasury share holdings rose to 33.45 million. • Total issued share capital remained unchanged at 1.02 billion shares due to the treasury share accounting treatment.

The repurchases form part of a mandate approved on 26 May 2026 that authorises the company to buy back up to 102.42 million shares. Cumulative purchases under this mandate now total 33.45 million shares, representing 3.27% of the company’s issued share base on the mandate date.

Under Hong Kong listing rules, GEEKPLUS-W is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 7 October 2026.

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(GEEKPLUS-W) disclosed a fresh share repurchase on 7 September 2026, acquiring 973,200 Type B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock Exchange.</p>\n<p>The on-market purchases were executed at prices ranging from HK$9.22 to HK$9.56 per share, generating a volume-weighted average cost of HK$9.49 and an aggregate cash outlay of HK$9.23 million.</p>\n<p>Following the transaction:\n• Issued shares (excluding treasury shares) declined by 0.10% to 990.70 million.  \n• Treasury share holdings rose to 33.45 million.  \n• Total issued share capital remained unchanged at 1.02 billion shares due to the treasury share accounting treatment.</p>\n<p>The repurchases form part of a mandate approved on 26 May 2026 that authorises the company to buy back up to 102.42 million shares. Cumulative purchases under this mandate now total 33.45 million shares, representing 3.27% of the company’s issued share base on the mandate date.</p>\n<p>Under Hong Kong listing rules, GEEKPLUS-W is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 7 October 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02590","symbol_name":"极智嘉-W","start_time":0,"source_url":"","article_id":"1130925927","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130925927","pubTimestamp":1788777794,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a fresh share repurchase on 7 September 2026, acquiring 973,200 Type B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02590":"极智嘉-W"},"translate_title":"GEEKPLUS-W以923万港元回购0.10%的B类WVR股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02590":1},"content_text":"Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a fresh share repurchase on 7 September 2026, acquiring 973,200 Type B weighted-voting-right (WVR) ordinary shares on the Hong Kong Stock Exchange.\nThe on-market purchases were executed at prices ranging from HK$9.22 to HK$9.56 per share, generating a volume-weighted average cost of HK$9.49 and an aggregate cash outlay of HK$9.23 million.\nFollowing the transaction:\n• Issued shares (excluding treasury shares) declined by 0.10% to 990.70 million.  \n• Treasury share holdings rose to 33.45 million.  \n• Total issued share capital remained unchanged at 1.02 billion shares due to the treasury share accounting treatment.\nThe repurchases form part of a mandate approved on 26 May 2026 that authorises the company to buy back up to 102.42 million shares. Cumulative purchases under this mandate now total 33.45 million shares, representing 3.27% of the company’s issued share base on the mandate date.\nUnder Hong Kong listing rules, GEEKPLUS-W is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 7 October 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}