Meituan increases issued shares, repurchases for cancellation

Meituan, for the month ended August 31, 2025, reported an increase of 47,412 WVR ordinary shares Class B (excluding treasury shares), bringing the total issued shares to 5,531,654,639. This rise was primarily driven by the exercise of Pre-IPO employee stock incentive scheme options. The total funds raised from the exercise of these options amounted to HK$659,409.34. The number of WVR ordinary shares Class B outstanding at the close of the month for this scheme stood at 14,200,902, with 446,899,626 shares remaining available for future exercise under the Post-IPO share option scheme.

The company's total authorised/registered share capital at the end of the month was $100,000. This is composed of 9,264,431,217 WVR ordinary shares Class B with a par value of $0.00001 per share, totaling $92,644.31, and 735,568,783 WVR ordinary shares Class A with a par value of $0.00001 per share, totaling $7,355.69.

Additionally, Meituan announced repurchases of a total of 3,018,700 Class B ordinary shares for cancellation, which were made on May 27, 2025, on SEHK. However, these shares had not yet been cancelled as of August 31, 2025. The company also has outstanding zero-coupon convertible bonds due in 2027 and 2028, amounting to $20,300,000 and $1,500,000,000, respectively. These convertibles could result in the issuance of up to 365,804 and 27,030,158 shares, respectively.