Huya provides update on its ongoing share repurchase program

Huya (HUYA) provided an update on its ongoing share repurchase program in response to investor inquiry. As previously disclosed, under this program, the company is authorized to repurchase up to $100M of its American depositary shares or ordinary shares until March 31, 2026. In a show of confidence following the recent fluctuations in its stock price, Huya repurchased approximately $1.1M worth of its ADSs on March 20, 2025, with the number of ADSs acquired nearly reaching the daily repurchase limit under Rule 10b-18 for that day.