Bilibili shareholders approve $200M share repurchase and Tencent convertible notes deal.

Bilibili Inc. announced that its shareholders approved a special resolution for the company to repurchase 13.59 million Class Z ordinary shares for $200 million under an agreement with Tencent subsidiaries. This repurchase is linked to Tencent's subscription for $200 million in convertible senior notes due 2031. Both transactions are conditional on each other and are expected to close in early November 2026. This deal strengthens Bilibili's financial position and deepens its partnership with Tencent, a major investor.

Bilibili Inc. shares trade at USD 13.01 on Pluang as of Oct 28, 2026 19:11 WIB, down 0.76% for the day. Despite the recent share repurchase deal with Tencent, the stock sees a high sell order activity of 90% compared to only 10% buy orders, reflecting cautious sentiment among Pluang investors. The typical hold time for Bilibili on Pluang is 38 days, indicating moderate-term interest in the stock.