RLX Technology Inc. Extends Share Repurchase Program
SHENZHEN, China, Dec. 31, 2025 /PRNewswire/ — RLX Technology Inc. (“RLX Technology” or the “Company”) (NYSE: RLX), a prominent player in the global e-vapor sector, has officially announced the prolongation of its ongoing share repurchase initiative for an additional 24 months, set to continue through December 31, 2027.
Originally instituted in December 2021 and subsequently extended in December 2023, this program allows the Company to repurchase up to US$500 million of its ordinary shares, represented by American Depositary Shares (ADS), until the culmination of the current period.
As of December 31, 2025, RLX Technology reported that it has cumulatively acquired roughly 170 million ordinary shares for an aggregate expenditure of approximately US$330 million, leaving about US$170 million available for future purchases.
Under the newly extended program, the Company is permitted to repurchase an estimated US$170 million worth of ADS until December 31, 2027.
The anticipated repurchases may occur sporadically on the open market at prevailing rates, through privately negotiated transactions, block trades, structured arrangements, derivative transactions, or other permissible avenues, contingent upon market conditions and in compliance with applicable regulations.
The board of directors will periodically reassess the share repurchase scheme, with potential amendments to its scope and parameters. The repurchases are projected to be funded from the Company’s existing cash reserves.
RLX Technology Inc. (NYSE: RLX) stands as a preeminent global brand in the e-vapor industry. The Company harnesses robust in-house technological expertise and profound insights into adult smokers’ preferences to innovate advanced e-vapor products.
Safe Harbor Statement
This announcement encompasses forward-looking statements, as delineated under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be recognized by terms like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” and “continue.”
Quotations from management and the Company’s strategic and operational plans featured herein likewise qualify as forward-looking.
The Company may issue additional forward-looking statements in periodic reports to the U.S. Securities and Exchange Commission, annual reports to shareholders, press releases, and oral communications by its executives or board members to external parties.
Any statement not anchored in historical fact qualifies as a forward-looking assertion. Such statements bear inherent risks and uncertainties, which could lead actual outcomes to diverge materially from those projected.
Influencing factors may include the Company’s growth strategies, future business trajectories, operational results, competitive dynamics within China’s e-vapor market, variances in revenue, specific expenditures, regulatory changes enacted by PRC authorities, and overarching economic conditions both domestically and internationally.
Further insights regarding these risks can be found in the Company’s filings with the U.S. Securities and Exchange Commission. All information presented herein is accurate as of the date of this release, and the Company assumes no obligation to amend or update this information unless mandated by law.
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