Bilibili sets USD 200 million Tencent buyback vote for Bilibili stock
Published on 10/13/2026 at 01:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Bilibili seeks approval for a USD 200 million Tencent-linked share repurchase on October 28, 2026.
- The proposed transaction covers 13,591,090 Class Z ordinary shares and a linked USD 200 million convertible note subscription.
- Second-quarter 2026 revenue reached RMB 7.94 billion, up 8.00 percent year over year, while adjusted net profit reached RMB 704.00 million.
- MarketBeat cited nine buy ratings and one hold rating, with an average 12-month target of USD 29.70 on October 9, 2026.
Bilibili sets a USD 200 million Tencent-linked buyback vote for Bilibili stock (ISIN KYG1098A1013), with shareholders due to decide on October 28, 2026. GlobeNewswire reported on September 25, 2026 that the proposed repurchase covers 13,591,090 Class Z ordinary shares for USD 200 million and is linked to Tencent's USD 200 million subscription for convertible senior notes due in 2031.
Three financing steps since September
On September 4, 2026, Bilibili announced a USD 700 million convertible senior note offering, a concurrent equity placement and share repurchases. The filing summary at StockTitan states that the company completed the marketed USD 500 million portion on September 9, 2026, while Tencent's additional USD 200 million subscription remained subject to shareholder approval.
The same filing identifies 6,795,540 Class Z shares repurchased on September 4, 2026 and still pending cancellation at September 30, 2026. The chronology matters because the October vote concerns the remaining Tencent-linked leg rather than the already completed marketed notes offering.
What did Bilibili earn in the second quarter?
Bilibili's second-quarter 2026 revenue rose 8.00 percent year over year to RMB 7.94 billion, according to the Yahoo Finance transcript of the August 27, 2026 earnings call. Adjusted net profit reached RMB 704.00 million, adjusted net profit margin reached 8.90 percent, and advertising revenue increased 28.00 percent year over year to RMB 3.13 billion.
The results show a split operating picture: advertising expanded by 28.00 percent, while game revenue fell 14.00 percent year over year to RMB 1.40 billion in the second quarter. For investors, the capital structure now sits alongside operating execution as the central issue, because the Tencent proposal combines a share repurchase with new convertible debt.
Analyst targets and upcoming dates
MarketBeat reported on October 9, 2026 that nine analysts rated Bilibili a buy and one rated it a hold, with an average 12-month price target of USD 29.70. The target is stated in U.S. dollars and is therefore separate from the euro quote used for German-market investors.
The next two dated events are the extraordinary general meeting on October 28, 2026 at 4:30 p.m. Beijing time, and the third-quarter 2026 earnings date listed as November 12, 2026 by Barron's.
Last euro quote before publication
The last Lang & Schwarz quote stood at EUR 13.55 on October 12, 2026 at 10:57 p.m. CEST. Bilibili's primary listing is Nasdaq, where the October 12, 2026 quote was USD 15.19 after hours, with a 52-week range of USD 14.31 to USD 36.40 and market capitalization of USD 6.4 billion.
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
- Last price Lang & Schwarz as of October 12, 2026, 10:57 p.m. CEST: EUR 13.55
- Market capitalization: USD 6.4 billion (as of October 12, 2026)
- 52-week range: USD 14.31-36.40 (as of October 12, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report Nasdaq Composite.
