BEKE · KE Holdings Inc.

KE Holdings Inc. conducted four discrete on-market share repurchases on the New York Stock Exchange between April 24 and April 29, 2026, as part of its ongoing capital return program authorized by the Hong Kong Stock Exchange. Each transaction was executed under the same repurchase mandate approved on June 27, 2025, which permits the acquisition of up to 360,216,007 shares. The filings confirm that all repurchased shares — totaling 4,626,190 across the four dates — were designated for cancellation, not retention as treasury shares, reinforcing a permanent reduction in share count. The aggregate cash outlay was approximately USD 19.3 million, with per-share prices ranging narrowly from USD 5.2668 to USD 5.44, indicating disciplined execution within a tight band. Each repurchase activated a mandatory 30-day moratorium on new share issuances or treasury share transfers under HKEX Main Board Rule 10.06(3)(a), resulting in overlapping restrictions through late May 2026. While no earnings, guidance, or strategic rationale is disclosed in these exhibits, the consistent daily activity signals active management of capital structure and shareholder yield, particularly relevant for investors assessing valuation metrics such as EPS and P/E ratios. The filings are procedural disclosures required under HKEX rules and do not indicate any change to the company’s financial position beyond the stated cash outflows and share count impact.