LX Technology Repurchases 150,000 Shares for HKD 3.28 Million, Lifts Treasury Stock to 2.30 Million

Bulletin Express
05/29

LX Technology Group Limited executed an on-market share buyback of 150,000 ordinary shares on 29 May 2026, paying an average HKD 21.89 per share within a price range of HKD 20.72–22.98. The transaction cost totaled HKD 3.28 million.

Following the repurchase, the company’s outstanding share count fell 0.04% to 350.96 million shares, while treasury shares rose to 2.30 million. Total issued share capital remains unchanged at 353.26 million shares because the repurchased stock is being held as treasury shares rather than cancelled.

The buyback forms part of the mandate approved on 6 June 2025, which authorizes repurchases of up to 35.33 million shares. Cumulative repurchases under this mandate now stand at 2.30 million shares, equivalent to 0.65% of the issued share base on the mandate date, leaving significant headroom for further transactions.

In accordance with Hong Kong Stock Exchange regulations, LX Technology is subject to a moratorium on new share issues or treasury-share sales until 28 June 2026. The company confirmed all repurchase activities complied with Main Board Rule 10.06.

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