LX Technology buys back 1.59 million shares in June for HK$36.50 million; free-float intact

Bulletin Express
07/02

Hong Kong-listed LX Technology Group Limited (LX Technology) reported that it repurchased 1.59 million ordinary shares during June 2026, moving the same number into treasury and trimming its outstanding share count to 349.37 million.

The buybacks were executed over 19 on-market transactions conducted between 1 and 30 June 2026 at prices ranging from HK$20.84 to HK$25.22 per share. Based on the disclosed share volumes and consideration per share, the aggregate outlay is estimated at approximately HK$36.50 million, implying a weighted-average repurchase price of about HK$22.93.

Key data after June activity • Authorised share capital: unchanged at 1.00 billion shares with HK$0.01 par value (HK$10.00 million). • Issued shares (ex-treasury): 349.37 million, down by 1.59 million from May (+/-0.45%). • Treasury shares: 3.89 million, up by 1.59 million. • Total issued shares (including treasury): steady at 353.26 million. • Public float: confirmed in compliance with the Main Board’s minimum 25% requirement.

Share-based incentives The LX Brothers Employee Incentive Plan held 17.77 million outstanding options at month-end; no options were granted, exercised or lapsed in June, leaving potential dilution unchanged.

No movements were recorded for warrants, convertibles or other equity-linked instruments.

The confirmed public-float sufficiency and the absence of new share issuance imply that the June activity was purely capital-management driven, executed via treasury stock accumulation without cancelling the repurchased shares.

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