SEHK:1024Interactive Media and Services
What Kuaishou Technology (SEHK:1024)'s 10% Share Buyback Plan Means For Shareholders
Kuaishou Technology (SEHK:1024) began repurchasing its shares on July 3, 2026 under a shareholder-mandated program allowing buybacks of up to 432,690,765 shares, or 10% of its issued capital, funded from legally available resources in line with Cayman Islands regulations.
The company expects these repurchases, alongside its recent quarterly revenue growth and HK$2.88 billion net profit, to lift net asset value per share and/or earnings per share, underscoring management’s focus on capital...