FilingReader Intelligence

Kingsoft maintains share capital, details options and repurchases

December 2, 2025 at 05:02 PM UTCBy FilingReader AI

Kingsoft Corporation Limited has released its monthly return on movements in securities for the period ended November 30, 2025, indicating no changes to its authorized or issued share capital during the month. The company's authorized share capital stands firm at 2,400,000,000 ordinary shares with a par value of $0.0005 each, totaling $1,200,000. Similarly, the number of issued shares (excluding treasury shares) remained at 1,400,425,790.

The report also detailed movements related to share option schemes. Two active share option schemes were noted, with 2,529,800 options outstanding under an exercise price of HK$20.25 (approved December 9, 2011) and 5,500,000 options outstanding under an exercise price of HK$31.69 (approved December 9, 2021). No new shares were issued from the exercise of options during November 2025. Additionally, the company granted 26,000 awarded shares on March 25, 2022, and 69,300 awarded shares on March 27, 2023, under its Share Award Scheme, with 63,700 of the latter eventually granted due to an employee ceasing to be a selected employee.

A significant movement was the repurchase of 5,308,600 shares for cancellation, with the event date noted as May 29, 2025, although these shares were still pending cancellation as of the reporting date. This repurchase had no immediate impact on the total number of issued shares for the month of November 2025.

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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