GEEKPLUS-W Repurchases 3.10 Million Shares for HK$27.09 Million, Treasury Stock Rises to 30.68 Million

Bulletin Express
Sep 03

Beijing Geekplus Technology Co., Ltd. (GEEKPLUS-W) disclosed a fresh on-market share buyback on 3 September 2026, purchasing 3.10 million WVR Class B ordinary shares on the Hong Kong Stock Exchange.

• Transaction metrics – Purchase price range: HK$8.57–HK$9.14 per share – Volume-weighted average price: HK$8.74 per share – Aggregate consideration: HK$27.09 million

• Capital structure impact – Shares outstanding (excluding treasury) before buyback: 996.57 million – Shares repurchased: 3.10 million, equal to 0.31 % of pre-transaction issued shares – Shares outstanding (excluding treasury) after buyback: 993.47 million – Treasury shares increased from 27.58 million to 30.68 million – Total issued shares remain unchanged at 1.02 billion because the repurchased shares have been retained as treasury stock and not cancelled.

• Repurchase mandate status – Mandate approved on 26 May 2026 authorised up to 102.42 million shares. – Cumulative buybacks under the mandate total 30.68 million shares, representing 3.00 % of the issued share base at the mandate date. – Pursuant to Hong Kong listing rules, the company is restricted from issuing new shares or disposing of treasury shares until 3 October 2026.

The company confirmed all repurchase procedures complied with Hong Kong Stock Exchange regulations and relevant legal requirements.

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