Bilibili updates US$300M share repurchase program
Bilibili Inc. filed a Form 6-K to update investors on its 2026 share repurchase activity.
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Rhea-AI Filing Summary
Bilibili Inc. filed a Form 6-K to update investors on its 2026 share repurchase activity. The company has a two-year US$300 million share repurchase program adopted in June 2026. As of June 30, 2026, it had repurchased 1.9 million listed securities for about US$31.3 million under this program.
For the six months ended June 30, 2026, Bilibili reports a total of 4.8 million listed securities repurchased at an aggregate cost of approximately US$100.1 million. The filing reiterates standard forward-looking statement disclosures and highlights the company’s positioning as a leading video community for young audiences in China.
Insights
Bilibili reports substantial buyback usage under a US$300M program.
Bilibili has authorized a two-year US$300 million share repurchase program and reports cumulative repurchases of US$100.1 million in listed securities over the six months ended June 30, 2026. This indicates active use of the authorization rather than a merely symbolic program.
As of June 30, 2026, the company had repurchased 1.9 million listed securities for about US$31.3 million specifically pursuant to the 2026 program, suggesting that repurchases also occurred under other arrangements earlier in the period. The economic impact depends on overall share count and future buyback pace, which are not detailed here.
The filing is primarily informational, confirming the scale of capital deployed into buybacks and restating risk factors and forward-looking statement cautions. Subsequent periodic filings may provide additional context on how these repurchases affect per-share metrics and capital structure.
Key Figures
Key Terms
listed securities financial
forward-looking statements regulatory
safe harbor regulatory
weighted voting rights financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2026
Commission File Number: 001-38429
Bilibili Inc.
Building 3, Guozheng Center, No. 485 Zhengli Road
Yangpu District, Shanghai, 200433
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
We made an announcement dated June 30, 2026 with The Stock Exchange of Hong Kong Limited in relation to an update on share repurchase program. For details, please refer to exhibit 99.2 to this current report on Form 6-K.
Exhibit Index
Exhibit 99.1 – Press Release
Exhibit 99.2 – Voluntary Announcement – Update on Share Repurchase Program
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BILIBILI INC. | ||
| By : | /s/ Xin Fan | |
| Name: | Xin Fan | |
| Title : | Chief Financial Officer | |
Date: June 30, 2026
Exhibit 99.1
Bilibili Inc. Provides Update on Share Repurchase Program
SHANGHAI, China, June 30, 2026 — Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today provided an update on its two-year US$300 million share repurchase program adopted in June 2026 (the “2026 Share Repurchase Program”).
As of June 30, 2026, a total of 1.9 million of the Company’s listed securities were repurchased for a total cost of approximately US$31.3 million pursuant to the 2026 Share Repurchase Program.
For the six months ended June 30, 2026, a total of 4.8 million of the Company’s listed securities were repurchased for a total cost of approximately US$100.1 million.
About Bilibili Inc.
Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with “All the Videos You Like” as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and a frontier for promoting Chinese culture around the world.
For more information, please visit: http://ir.bilibili.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, outlook and quotations from management in this announcement, as well as Bilibili’s strategic and operational plans, contain forward-looking statements. Bilibili may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: results of operations, financial condition, and stock price; Bilibili’s strategies; Bilibili’s future business development, financial condition and results of operations; Bilibili’s ability to retain and increase the number of users, members and advertising customers, provide quality content, products and services, and expand its product and service offerings; competition in the online entertainment industry; Bilibili’s ability to maintain its culture and brand image within its addressable user communities; Bilibili’s ability to manage its costs and expenses; PRC governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Bilibili Inc.
Juliet Yang
Tel: +86-21-2509-9255 Ext. 8523
E-mail: ir@bilibili.com
Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: bilibili@tpg-ir.com
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: bilibili@tpg-ir.com
Exhibit 99.2
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Bilibili Inc.
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(NASDAQ: BILI and HKEX: 9626)
VOLUNTARY ANNOUNCEMENT
Update on Share Repurchase Program
Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today provided an update on its two-year US$300 million share repurchase program adopted in June 2026 (the “2026 Share Repurchase Program”).
As of June 30, 2026, a total of 1.9 million of the Company’s listed securities were repurchased for a total cost of approximately US$31.3 million pursuant to the 2026 Share Repurchase Program.
For the six months ended June 30, 2026, a total of 4.8 million of the Company’s listed securities were repurchased for a total cost of approximately US$100.1 million.
About Bilibili Inc.
Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with “All the Videos You Like” as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.
For more information, please visit: https://ir.bilibili.com/.
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Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, Bilibili’s strategic and operational plans contain forward-looking statements. Bilibili may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: results of operations, financial condition, and stock price; Bilibili’s strategies; Bilibili’s future business development, financial condition and results of operations; Bilibili’s ability to retain and increase the number of users, members and advertising customers, provide quality content, products and services, and expand its product and service offerings; competition in the online entertainment industry; Bilibili’s ability to maintain its culture and brand image within its addressable user communities; Bilibili’s ability to manage its costs and expenses; PRC governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law.
| By order of the Board Bilibili Inc. Rui Chen Chairman |
Hong Kong, June 30, 2026
As of the date of this announcement, the Board comprises Mr. Rui Chen as the chairman, Ms. Ni Li and Mr. Yi Xu as Directors, Mr. JP Gan, Mr. Eric He, Mr. Feng Li and Mr. Guoqi Ding as independent Directors.
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