Kingsoft reports significant share repurchases in December

Kingsoft Corporation Limited submitted its Next Day Disclosure Return on December 5, 2025, detailing share repurchase activities. As of December 5, 2025, the company's total issued shares remained at 1,400,425,790.

The report highlighted several repurchases for cancellation between November 28 and December 5, 2025. On December 5, Kingsoft repurchased 356,600 shares on the Exchange at a volume-weighted average price of HK$28.0424. This latest transaction contributed to a total of 6,728,200 shares repurchased on the Exchange under the current mandate, representing 0.48% of the total issued shares as of the resolution date (May 29, 2025). The total aggregate price paid for these 356,600 shares was HK$9,999,920, with the highest repurchase price per share being HK$28.46 and the lowest HK$27.92.

The resolution granting the repurchase mandate was passed on May 29, 2025, authorizing the repurchase of up to 140,042,579 shares. The moratorium period for any new share issues or transfers of treasury shares after these repurchases extends up to January 4, 2026. The company confirmed that all repurchases comply with Main Board Rules and that no material changes have occurred since the explanatory statement filed on April 30, 2025.