Kuaishou Technology (WVR-Class B) filed a Next Day Disclosure Return dated 28 August 2026, outlining simultaneous share issuance under an employee scheme and an accelerated share-repurchase programme on the Hong Kong Stock Exchange.
Issuance under Pre-IPO Option Scheme • 9,825 new Class B shares were allotted on 28 August 2026 following option exercises from the Pre-IPO incentive plan adopted on 6 February 2018. • Exercise price: HKD 0.3273 per share, implying cash proceeds of roughly HKD 0.00 million. • Post-issuance, Class B shares outstanding rose from 3,664.09 billion to 3,664.10 billion, a 0.0002% increase. Total issued share capital (Class A + Class B) moved to 4,326.96 billion.
Buyback Activity Not Yet Cancelled • Between 20 and 28 August 2026 the company repurchased 17.57 million Class B shares, equivalent to 0.4060% of outstanding shares, at volume-weighted average prices ranging from HKD 33.12 to HKD 33.98. • The latest tranche on 28 August 2026 involved 442,000 shares bought on-market at prices between HKD 33.48 and HKD 34.12, costing HKD 14.97 million. • All 17.57 million shares are earmarked for cancellation and had not yet been removed from the share count as of the filing date.
Status of 2026 Repurchase Mandate • Shareholders authorised the board on 25 June 2026 to buy back up to 432.69 million shares. • Aggregate repurchases under this mandate now total 29.87 million shares, utilising 0.69% of the authorised capacity. • Under Hong Kong Listing Rules, Kuaishou is subject to a 30-day moratorium on new share issues following the latest buyback, expiring on 27 September 2026.
Capital Structure Snapshot (28 Aug 2026) • Class B shares outstanding: 3,664.10 billion • Class A shares outstanding: 0.66 billion • Total issued shares (pre-cancellation): 4,326.96 billion • Treasury shares: none held
The board confirms all issuances and repurchases complied with Hong Kong Listing Rules and relevant regulatory requirements.