LX Technology completes HKD 3.10 million on-market buyback, treasury shares rise to 1.12 million

Bulletin Express
05/04

On 4 May 2026, LX Technology Group Limited repurchased 199,800 ordinary shares on the Hong Kong Stock Exchange, spending HKD 3.10 million in aggregate. The shares were bought within a price range of HKD 15.29 to HKD 15.77, translating to a volume-weighted average of HKD 15.49 per share.

Prior to the transaction, the company had 352.34 million issued shares (excluding treasury shares) and 0.92 million treasury shares. Following the buyback, the issued share count (excluding treasury shares) fell by 0.06% to 352.14 million, while treasury shares increased to 1.12 million. The total issued share capital remains unchanged at 353.26 million shares because the repurchased stock is being held in treasury rather than cancelled.

The purchase forms part of a mandate approved on 6 June 2025, which authorises LX Technology to buy back up to 35.33 million shares. Cumulative repurchases under this mandate now stand at 1.12 million shares, representing 0.32% of the company’s issued shares on the mandate date.

Under Hong Kong listing rules, the company is subject to a 30-day moratorium on issuing new shares or selling treasury shares, effective until 4 June 2026. The board confirms that all repurchases were executed in accordance with the Main Board Listing Rules and that no material changes have been made to the explanatory statement filed on 23 April 2025.

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