Kuaishou Technology Updates Share Capital
Company Announcements

Kuaishou Technology Updates Share Capital

Kuaishou Technology Class B (HK:1024) has released an update.

Kuaishou Technology has reported changes to its issued share capital, involving the exercise of share options under a pre-IPO employee incentive scheme and several share repurchases that have not been cancelled. In May 2024, a small fraction of shares were issued at a significant discount to the market price, while the company also bought back shares on multiple dates without cancelling them, leading to a slight increase in the total number of issued shares.

For further insights into HK:1024 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App