LX Technology further trims float with HKD 2.71 million on-market buyback

Bulletin Express
05/18

LX Technology Group Limited disclosed that it repurchased 128,700 ordinary shares on 18 May 2026 via the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 20.88 to HKD 21.10, for a total consideration of HKD 2.71 million.

Following the transaction, LX Technology’s issued share capital (excluding treasury shares) fell 0.04% to 351.69 million shares, while treasury shares increased to 1.57 million. The company’s total issued shares remain unchanged at 353.26 million.

The buyback forms part of a mandate approved on 6 June 2025, which authorises the company to repurchase up to 35.33 million shares. Cumulative repurchases under this mandate now stand at 1.57 million shares, representing 0.44% of the issued share count on the mandate date.

Under Hong Kong Listing Rules, LX Technology is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares until 17 June 2026.

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