Bilibili Inc. (BILI) Form 6-K — Oct 28, 2026
Bilibili shareholders approved the company's subscription and repurchase agreement with Tencent subsidiaries at an extraordinary general meeting held October 28, 2026, with 99.9% of votes cast in favor. The deal includes a $200 million repurchase of 13,591,090 Class Z ordinary shares from Tencent entities, paired with Tencent's $200 million subscription of convertible senior notes due 2031. The two transactions are conditional on each other and are expected to close on or around November 4, 2026, with all remaining conditions now satisfied.
Key figures
- Shares Outstanding
- 425034110
- Votes for pct
- 99.903814%
- Notes maturity
- 2031
- Expected closing
- on or around November 4, 2026
- Repurchase shares
- 13591090
- Repurchase value usd
- 200000000
- Tencent stake pct of shares
- 3.21%
- Convertible notes subscription usd
- 200000000
- Tencent stake pct of voting rights
- 1.19%
AI analysis
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