Kingsoft continues share buybacks in December

Kingsoft Corporation Limited announced its latest Next Day Disclosure Return on December 4, 2025, revealing a series of share repurchases. On December 4, 2025, the company repurchased 355,600 ordinary shares on the Exchange. The repurchase price per share ranged from HK$27.74 to HK$28.2, with an aggregate price paid of HK$9,997,560. These repurchases contribute to the total of 6,371,600 shares repurchased on the Exchange under the current mandate, representing 0.45% of the issued shares as of the resolution date.

The repurchases are part of a broader strategy, with the company authorized to repurchase up to 140,042,579 shares under a mandate granted on May 29, 2025. The moratorium period for any issue of new shares or sale of treasury shares after these repurchases extends up to January 3, 2026.

Over the past two weeks, Kingsoft has consistently engaged in share buybacks, with additional repurchases for cancellation on December 3 (356,200 shares at HK$28.0637) and December 2 (351,200 shares at HK$28.4664). The company confirmed that all repurchases were made in accordance with Main Board Rules.