Tuhu Car Inc. (Tuhu-W) has filed a Next Day Disclosure Return detailing an intensive on-market repurchase programme that ran from 24 August to 2 September 2026.
• Capital base unchanged: As at 2 September 2026, Tuhu-W maintained 755.86 million Class A WVR ordinary shares in issue. Including 67.49 million Class B shares, total issued share capital stood at 823.35 million shares.
• Eight-day buyback tally: The company repurchased 8.63 million Class A shares for cancellation across eight trading sessions, equal to 1.05 % of total shares outstanding prior to the first trade (823.35 million). Based on the disclosed daily average prices, the transactions represent an estimated HKD 102.02 million in aggregate consideration, translating into an average repurchase price of roughly HKD 11.81 per share.
• Latest transaction: On 2 September 2026, Tuhu-W bought back 424,500 shares on the Hong Kong Stock Exchange at prices ranging from HKD 12.23 to HKD 12.50, paying HKD 5.25 million.
• Mandate utilisation: Since the approval of its 5 June 2026 general mandate, the company has repurchased 13.82 million shares—1.67 % of the share count on mandate date—leaving capacity to buy back a further 68.95 million shares under the 82.77 million-share limit.
• Post-buyback status: All repurchased shares are to be cancelled; no treasury shares are retained. Under Hong Kong listing rules, Tuhu-W is restricted from issuing new shares or disposing of treasury shares until 2 October 2026.
The board confirms that all repurchases were executed on the Exchange in full compliance with Hong Kong listing regulations and the company’s approved repurchase mandate.