Kuaishou-W Buys Back 17.1 Million Shares Over Six Sessions for HK$579 Million
Kuaishou-W (01024. HK) repurchased 446,000 shares on August 27 at prices between HK$33.540 and HK$33.660, totaling HK$14.99 million. This marked the sixth consecutive daily buyback since August 20, with cumulative repurchases of 17.13 million shares worth HK$579 million. Year-to-date, the company has completed 41 buybacks totaling 60.43 million shares for HK$2.548 billion.
According to a Hong Kong Stock Exchange filing, Kuaishou-W (01024. HK) repurchased 446,000 shares on August 27 at prices ranging from HK$33.540 to HK$33.660 per share, for a total consideration of HK$14.99 million. The stock closed the day at HK$33.660, up 0.12%, with full-day turnover of HK$926 million.
Since August 20, Kuaishou-W has conducted buybacks on six consecutive trading days, repurchasing a total of 17.13 million shares for an aggregate amount of HK$579 million. The daily breakdown shows 8.815 million shares repurchased on August 20 for approximately HK$299 million, 4.415 million shares on August 21 for about HK$150 million, and 2.113 million shares on August 24 for roughly HK$69.98 million. During this period, the stock declined by 10.95%.
Since the start of 2026, Kuaishou-W has completed 41 buyback sessions, repurchasing a cumulative 60.43 million shares for a total of HK$2.548 billion. The largest single-day buyback occurred on August 20, amounting to HK$299 million, followed by 6.52 million shares repurchased on March 26 for approximately HK$298 million, and 4.853 million shares on July 7 for about HK$199 million.