Kuaishou details share awards and repurchases for cancellation
Kuaishou Technology, a Hong Kong-listed company, filed its Next Day Disclosure Return on November 21, 2025, detailing recent movements in its WVR ordinary shares. The company issued 15,000 new shares, representing 0.0003% of its existing issued shares, as part of share awards or options granted to participants under a share scheme. These shares were issued at an average price of HK$62.3. Additionally, another 618 new shares were issued at HK$0.3273 for similar purposes, bringing the closing balance of issued shares to 3,608,207,120.
The disclosure also highlighted share repurchases for cancellation. Kuaishou repurchased 900,000 shares at an average price of HK$64.6797 on November 20, 2025, and an additional 750,000 shares at HK$63.6952 on November 21, 2025. The total shares repurchased for cancellation amounted to 750,000 shares on November 21, 2025, for an aggregate price paid of HK$47,771,400.
The company confirmed that the repurchases were made on the Exchange in accordance with Main Board Listing Rules. As of the resolution granting the repurchase mandate on June 19, 2025, the total number of shares authorized for repurchase was 428,392,652, with 5,101,600 shares already repurchased on the Exchange.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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