Bilibili proposes USD 200 million buyback: what it means for Bilibili stock
Published on 10/07/2026 at 02:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bilibili proposes a USD 200 million share repurchase linked to Tencent convertible notes, giving Bilibili stock a defined shareholder vote on October 28, 2026. Nasdaq reported the proposal and meeting details on September 25, 2026.
What the repurchase covers
Shareholders are being asked to approve the repurchase of 13,591,090 Class Z ordinary shares, including American depositary shares, for USD 200 million. Tencent would subscribe for USD 200 million of convertible senior notes due in 2031, and the two transactions remain inter-conditional.
The extraordinary general meeting is scheduled for October 28, 2026, at 4:30 p.m. Beijing time in Shanghai. Holders of ordinary shares recorded at the close of business on October 9, 2026, may attend and vote, according to Nasdaq.
Revenue and profit improved
Bilibili reported second-quarter 2026 revenue of RMB 7.94 billion, up 8.00 percent year over year. The company also reported net profit of RMB 343.73 million, an increase of 55.00 percent from the second quarter of 2025.
Advertising revenue was RMB 3.13 billion in the second quarter, up 28.00 percent year over year, while adjusted net profit reached RMB 704.00 million. Gross margin expanded to 37.20 percent from 36.50 percent in the same period, according to the Yahoo Finance transcript published on August 27, 2026.
What the vote means for valuation
The transaction could reduce the number of shares held by the public while giving Tencent exposure through debt that can convert into equity. That structure makes the October vote relevant to both the capital structure and the future share count.
Bilibili had a market capitalization of USD 6.2 billion and a USD 14.31 to USD 36.40 52-week range as of October 6, 2026. The Nasdaq-listed American depositary share was quoted at USD 14.90 at 4:00 p.m. ET on October 6, 2026, while the latest Lang & Schwarz data set showed a prior close of EUR 13.24 for October 5, 2026.
Capital structure remains central
The proposed repurchase is tied to a USD 200 million note subscription rather than a standalone cash distribution. For investors assessing Bilibili, the key figures are the 8.00 percent second-quarter revenue growth, the 55.00 percent net profit increase and the October 28, 2026 approval date. The further course of trading is shown by the continuously updated real-time quote of Bilibili stock.
Bilibili stock facts
- Company: Bilibili Inc.
- ISIN: KYG1098A1013
- Ticker: BILI
- Primary exchange: Nasdaq
- Prior close Lang & Schwarz (October 5, 2026): EUR 13.24
- Market capitalization: USD 6.2 billion (as of October 6, 2026)
- 52-week range: USD 14.31-36.40 (as of October 6, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
