Kuaishou Technology increases shares, repurchases stock in late July and August

Kuaishou Technology, a company listed on the Hong Kong Stock Exchange, reported an increase in its issued shares and a share repurchase, as detailed in its Next Day Disclosure Return dated September 1, 2025. The company's opening balance of issued shares (excluding treasury shares) as of July 31, 2025, was 3,588,406,577. Through multiple events from August 1 to August 29, 2025, primarily related to the exercise of options under employee incentive schemes, Kuaishou issued a total of 2,908,986 new shares at various prices, ranging from HK$0.3273 to HK$62.3. Following these changes, the closing balance of issued shares as of September 1, 2025, reached 3,591,734,750.

In addition, Kuaishou Technology repurchased 1,137,000 shares on the Exchange on September 1, 2025. These repurchased shares, which represent 0.0265% of the total issued shares before the repurchase mandate, are intended for cancellation. The repurchase prices ranged from HK$73.35 to HK$73.75 per share, resulting in an aggregate price paid of HK$83,716,173. The resolution granting the repurchase mandate was approved on June 19, 2025, and the company is authorized to repurchase up to 428,392,652 shares. A moratorium period for any new share issues or sales of treasury shares after this repurchase extends until October 1, 2025.