Meitu, Inc. (Hong Kong: 01357) has released its Monthly Return for the period ended 30 September 2026, detailing a combination of share repurchases and option-related issuances that resulted in a marginal net increase in total issued share capital.
Key takeaways
1. Capital structure • Authorised share capital remained unchanged at 6.00 billion ordinary shares with a par value of USD 0.00001 each, equivalent to USD 60,000. • Total issued shares (including treasury shares) edged up 1.35 million month-on-month to 4.59 billion following the exercise of employee share options.
2. Share option activity • 1.35 million new shares were issued upon exercise of options granted under the Pre-IPO Employees’ Share Option Plan (exercise price: USD 0.03). • The exercise generated USD 0.04 million in proceeds for the company.
3. Share repurchases and treasury stock • Meitu repurchased 7.70 million shares on 15 and 23 September at average prices of HKD 3.8954 and HKD 3.8381 respectively, moving the shares to treasury. • Total cash outlay for the September buybacks was approximately HKD 29.84 million. • Treasury shares rose to 70.70 million, representing 1.54% of total issued shares at month-end.
4. Net impact on free float • Issued shares excluding treasury stock declined by 6.35 million to 4.52 billion, a reduction of 0.14% versus the prior month. • Meitu confirmed it remained in compliance with the Hong Kong Stock Exchange’s minimum public-float requirement of 25%.
5. Summary of month-end share data (30 Sep 2026) • Issued shares (ex-treasury): 4.52 billion • Treasury shares: 70.70 million • Total issued shares: 4.59 billion
The latest actions underscore Meitu’s ongoing capital management strategy, balancing shareholder returns through buybacks with selective equity issuance tied to employee incentives.