SocialNewsBreaks – Bilibili Inc. (NASDAQ: BILI) (HKEX: 9626) Gains Shareholder Approval for $200 Million Share Repurchase

Bilibili Inc. (NASDAQ: BILI) (HKEX: 9626) has received shareholder approval for a $200 million share repurchase agreement with subsidiaries of Tencent Holdings Limited. The transaction covers approximately 13.6 million Class Z ordinary shares, including shares represented by American depositary shares, and forms part of a broader arrangement involving Tencent’s subscription for $200 million in Bilibili convertible senior notes due 2031.

The two transactions are conditional on one another and are expected to close concurrently, with completion anticipated in early November 2026, subject to remaining conditions. The agreement reflects the continued financial relationship between Bilibili and Tencent while providing for a substantial share repurchase. For investors, the transaction adds another dimension to Bilibili’s capital allocation strategy as the company works to build on its expanding video community, growing advertising business and improving profitability.

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