XD Inc. Repurchases 2.55 Million Shares for HK$178.50 Million between Late-February and March End

Bulletin Express
03/31

Hong Kong-listed gaming developer XD Inc. (02400) disclosed in its 31 March 2026 Next Day Disclosure Return that it has bought back 2.55 million ordinary shares on the Hong Kong Stock Exchange from 25 February to 31 March 2026. The aggregate consideration for these un-cancelled shares amounts to approximately HK$178.50 million, translating into an average repurchase price of about HK$70.00 per share.

The repurchased shares represent roughly 0.52% of XD Inc.’s existing issued share capital of 494.43 million shares. As of 31 March 2026, all 2.55 million shares remained outstanding pending formal cancellation; once cancelled, the company’s share count would fall to around 491.88 million.

Key recent transaction: • 31 March 2026: 125,000 shares repurchased on-market at prices ranging from HK$60.00 to HK$63.55, for a total outlay of HK$7.65 million.

Across the six-week period, repurchase prices ranged between HK$61.19 and HK$76.96, indicating a c.20% swing in trading levels.

Repurchases were executed under the general mandate approved on 29 May 2025, which authorises the company to buy back up to 49.17 million shares. Including the latest transactions, XD Inc. has utilised 3.24 million shares, or 0.66% of the shares outstanding at mandate date, leaving capacity for an additional 45.93 million shares. In line with Hong Kong listing rules, the company is subject to a moratorium on new share issues or treasury share disposals until 30 April 2026.

The company affirms that all repurchases complied with Hong Kong Stock Exchange regulations and that no new shares were issued during the reporting period.

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