HUYA Inc. Reinforces Commitment to Shareholders with Share Repurchase Program Update

Overview of HUYA Inc.

HUYA Inc., a prominent game live streaming platform based in China, has recently provided important updates regarding its share repurchase program through a press release on March 21, 2025. With a strong focus on maintaining shareholder value, the company emphasizes its dedication to a sustainable business model in the evolving gaming industry.

Share Repurchase Program Details

As previously communicated, HUYA has been authorized to repurchase up to $100 million of its American depositary shares (ADSs) or ordinary shares, a program set to continue until March 31, 2026. In a recent move to bolster investor confidence amidst uncertainty in stock valuations, HUYA successfully repurchased approximately $1.1 million worth of its shares on March 20, 2025. This transaction almost reached the daily repurchase limit as governed by Rule 10b-18, indicating active market participation during this fluctuating period.

Leadership's Optimistic Outlook

Mr. Raymond Peng Lei, who serves as the Acting Co-Chief Executive Officer and Chief Financial Officer, commented on the share repurchase, stating that it represents HUYA's commitment to enhancing shareholder value. He elaborated that the current market valuation does not accurately reflect the company's real fundamentals or future growth potentials, reinforcing the need for these repurchases. His confidence in HUYA's trajectory indicates a steadfast commitment to long-term development and stakeholder satisfaction.

Future Plans for Share Repurchases

Moving forward, HUYA will regularly assess market conditions to determine the timing and volume of any future share repurchase activities. The company maintains discretion over the specific details of repurchases, which will be based on market contexts and compliance with relevant laws. While they are not bound to provide frequent updates on these activities beyond legal requirements, HUYA has pledged to keep investors informed as necessary.

About HUYA Inc.

Founded on technology-driven innovation, HUYA Inc. stands as a leader in the game live streaming sector in China. The company provides a plethora of engaging content across various gaming and entertainment genres, fostering a vibrant community of enthusiastic gamers who actively participate on the platform. Collaborating closely with game developers, tournament organizers, broadcasters, and talents, HUYA is on a mission to expand its influence both domestically and internationally. Their commitment to delivering innovative gaming services ensures they are well-equipped to cater to the needs of gamers, creators, and industry partners alike.

Ensuring Transparency

In line with stringent regulations, this announcement also includes a forward-looking statement, reflecting the company’s commitment to transparent communication with all stakeholders. HUYA acknowledges potential risks related to its future operations and business strategies, aligning with the provisions of the U.S. Private Securities Litigation Reform Act, ensuring that stakeholders are aware of the inherent uncertainties involved in the live streaming and gaming sectors.

Conclusion

HUYA Inc.'s proactive approaches demonstrate a clear dedication to both its financial strategy and market position. Continuing to repurchase its shares amid volatility showcases the company's belief in its intrinsic value, paving the way for sustained engagement and growth in the competitive landscape of live streaming.