Tencent balances share issuance with significant buybacks

Tencent Holdings Limited reported an increase in its issued share capital and ongoing share repurchases in its Next Day Disclosure Return dated December 22, 2025. The company issued 25,109 new ordinary shares at an issue price of HK$335.26 per share, representing 0.00027% of the existing issued shares. These new shares were issued under the 2023 Share Option Scheme. Following this issuance, the total number of issued shares (excluding treasury shares) rose from 9,130,620,598 to 9,130,645,707.

The company also continued its share repurchase program, buying back 1,035,000 ordinary shares on December 22, 2025. These repurchases were executed on the Exchange at prices ranging from HK$610.5 to HK$620 per share, with an aggregate price paid of HK$635,576,112. The total number of shares repurchased for cancellation on this date was 1,035,000, bringing the total number of shares repurchased under the current mandate to 96,714,000.

This latest repurchase represents 1.0525% of the issued shares (excluding treasury shares) as at the date of the resolution granting the repurchase mandate (May 14, 2025), under which the company is authorized to repurchase up to 918,901,866 shares. The moratorium period for any new share issues or treasury share sales after these repurchases extends up to January 21, 2026.