LX Technology Executes HKD 0.58 Million Buyback, Treasury Shares Rise to 3.48 Million

Bulletin Express
06/24

LX Technology Group Limited repurchased 24,900 ordinary shares on 23 June 2026, booking the shares as treasury stock. The transaction was carried out on the Hong Kong Stock Exchange at prices ranging from HKD 23.10 to HKD 23.60, with a volume-weighted average cost of HKD 23.29 per share, for a total consideration of HKD 0.58 million.

After the buyback, issued shares outstanding (excluding treasury shares) fell 0.0071% to 349.78 million, while treasury shares increased to 3.48 million. Total issued share capital remained unchanged at 353.26 million.

The purchase forms part of the repurchase mandate approved on 5 June 2026, which authorises the company to buy back up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 803,700 shares, equivalent to 2.29% of the authorised limit and 0.23% of issued shares as at the mandate date.

In line with Hong Kong listing rules, LX Technology is subject to a moratorium on issuing new shares or disposing of treasury shares until 23 July 2026.

The company confirmed that the repurchase complied with Main Board Rule 10.06 and that no material changes have been made to the explanatory statement dated 30 April 2026.

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