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HUYA (NYSE: HUYA) approves new US$50M share repurchase, ends 2023 plan

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6-K

Rhea-AI Filing Summary

HUYA Inc. has launched a new share repurchase program, authorizing buybacks of up to US$50 million of its ADSs and/or ordinary shares over a 24‑month period ending on March 18, 2028. The program is effective immediately and repurchases may occur via open market purchases, block trades, privately negotiated transactions or other permitted methods, subject to market conditions and regulations.

The new 2026 program replaces the 2023 share repurchase program, which was scheduled to run through March 31, 2026. When the new authorization became effective on March 18, 2026, the prior program was terminated and the unutilized quota of US$24.5 million under the 2023 plan was cancelled. HUYA expects to fund repurchases from existing cash resources.

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Insights

HUYA replaces its prior buyback with a fresh US$50 million repurchase authorization.

HUYA has authorized a new 2026 share repurchase program allowing buybacks of up to US$50 million in ADSs and ordinary shares over 24 months. Repurchases can be executed through open market trades, block deals or privately negotiated transactions, offering flexibility in how the company manages its equity base.

The new authorization takes effect on March 18, 2026 and simultaneously terminates the 2023 program, cancelling an unused US$24.5 million quota. The company plans to fund purchases from existing cash, indicating it is not earmarking new external financing for this purpose. The actual impact will depend on how much of the authorization is ultimately used.

 

 

 

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 March 2026

 

 

 

Commission File Number: 001-38482

 

 

 

HUYA Inc.

 

Building A3, E-Park, 280 Hanxi Road

Panyu District, Guangzhou 511446

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 x Form 40-F ¨

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit No. Description
   
Exhibit 99.1 Press Release: HUYA Inc. Announces New US$50 Million Share Repurchase Program

 

 

 

 

SIGNATURE

 

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.

 

  HUYA Inc.  
   
  By:   /s/ Junhong Huang
    Name: Junhong Huang
    Title: Acting Co-Chief Executive Officer and Senior Vice President

 

Date: March 18, 2026

 

 

 

 

Exhibit 99.1

 

HUYA Inc. Announces New US$50 Million Share Repurchase Program

 

GUANGZHOU, China, March 18, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that its board of directors has authorized a new share repurchase program (the “2026 Share Repurchase Program”), effective immediately on March 18, 2026.

 

Under the 2026 Share Repurchase Program, the Company may repurchase up to US$50 million of its American depositary shares (“ADSs”) and/or ordinary shares over a 24-month period ending on March 18, 2028.

 

The Company’s previous share repurchase program, which was originally adopted on August 15, 2023 (the “2023 Share Repurchase Program”), was scheduled to expire on March 31, 2026. Upon the effectiveness of the 2026 Share Repurchase Program on March 18, 2026, the 2023 Share Repurchase Program was terminated, and any of the unutilized quota of US$24.5 million under the 2023 Share Repurchase Program was cancelled.

 

Repurchases under the 2026 Share Repurchase Program may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company’s board of directors will review the 2026 Share Repurchase Program periodically and may authorize adjustments to its terms and size. The Company expects to fund repurchases made under the 2026 Share Repurchase Program from its existing funds.

 

About HUYA Inc.

 

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

 

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," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook in this announcement, as well as Huya's strategic and operational plans, contain forward-looking statements. Huya may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, 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 statements about Huya'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: Huya's goals and strategies; Huya's future business development, results of operations and financial condition; the expected growth of the live streaming market and game market; the expectation regarding the rate at which to gain active users, especially paying users; Huya's ability to monetize the user base; Huya's efforts in complying with applicable data privacy and security regulations; fluctuations in general economic and business conditions in China; the economy in China and elsewhere generally; any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Huya; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Huya's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Huya does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

 

 

 

For investor and media inquiries, please contact:

 

In China:

 

HUYA Inc.

Investor Relations

Tel: +86-20-2290-7829

E-mail: ir@huya.com

 

Piacente Financial Communications

Jenny Cai

Tel: +86-10-6508-0677

E-mail: huya@tpg-ir.com

 

In the United States:

 

Piacente Financial Communications

Brandi Piacente

Tel: +1-212-481-2050

E-mail: huya@tpg-ir.com

 

 

 

FAQ

What did HUYA Inc. (HUYA) announce in its March 2026 Form 6-K?

HUYA Inc. announced a new share repurchase program authorizing buybacks of up to US$50 million in ADSs and ordinary shares over 24 months, replacing its previous 2023 repurchase plan and cancelling the remaining unused quota under that earlier program.

How large is HUYA Inc.’s new 2026 share repurchase program?

The new 2026 share repurchase program authorizes HUYA Inc. to repurchase up to US$50 million of its American depositary shares and/or ordinary shares. Repurchases may occur over a 24-month period ending March 18, 2028, through market purchases or other legally permitted methods.

What happened to HUYA Inc.’s 2023 share repurchase program?

HUYA Inc.’s 2023 share repurchase program, originally adopted on August 15, 2023, was terminated when the 2026 program became effective on March 18, 2026. An unutilized quota of US$24.5 million under the 2023 program was cancelled at that time.

How will HUYA Inc. fund the new US$50 million share repurchase program?

HUYA Inc. expects to fund repurchases under the new US$50 million 2026 share repurchase program using its existing funds. This indicates the company plans to use its current cash resources, rather than raising separate external financing specifically for this authorization.

Over what period can HUYA Inc. repurchase shares under the 2026 program?

Under the 2026 share repurchase program, HUYA Inc. may buy back ADSs and/or ordinary shares over a 24-month period ending on March 18, 2028. Repurchases may be made periodically, depending on market conditions and in compliance with applicable rules and regulations.

What methods can HUYA Inc. use to execute repurchases under the 2026 program?

HUYA Inc. may conduct repurchases under the 2026 program through open market transactions at prevailing prices, privately negotiated deals, block trades, or other legally permissible methods. All repurchases will be carried out subject to market conditions and relevant regulatory requirements.

Filing Exhibits & Attachments

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Huya Inc

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