Xiaomi reports share changes and buyback cancellation

Xiaomi Corporation reported a series of changes to its issued share capital, primarily driven by the issuance of new Class B ordinary shares related to share awards and the cancellation of repurchased shares. On October 31, 2025, the company had an opening balance of 21,553,080,969 Class B ordinary shares. Several small issuances occurred between November 3 and November 12, 2025, adding 8,000, 45,000, 20,000, 2,000, 2,000, and 19,400 Class B shares respectively, with issue prices ranging from HK$1.73 to HK$2.67.

The most significant event was the cancellation of 27,295,400 Class B ordinary shares on November 12, 2025, which were repurchased at an average price of HK$48.08. This cancellation reduced the Class B share count by 0.1% relative to the prior outstanding shares. Concurrently, 4,728,665 Class A ordinary shares were converted to Class B ordinary shares on the same date.

As a result of these transactions, the closing balance of Class B ordinary shares as of November 12, 2025, stands at 21,530,610,634. The total number of Class A ordinary shares decreased by 4,728,665, leading to a closing balance of 4,511,553,144 Class A ordinary shares. The weighted voting rights beneficiaries adjusted their WVR proportionately by converting Class A shares to Class B shares to maintain the required proportion under listing rules.