Yidu Tech (02158) Buys Back 1.91 Million Shares at Average HK$5.91, Outstanding Free-Float Down 0.19%

Bulletin Express
03/16

Yidu Tech Inc. filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 16 March 2026, reporting an on-market share repurchase carried out the same day.

The company bought back 1.91 million ordinary shares on the Exchange at prices ranging from HK$5.84 to HK$5.93, resulting in a volume-weighted average cost of HK$5.91 per share. The aggregate consideration was HK$11.28 million.

Following the transaction, issued shares excluding treasury stock fell to 1,024.77 million, down 0.19% from 1,026.67 million as at 13 March 2026. Treasury shares increased to 47.88 million, while total issued shares remained unchanged at 1,072.65 million.

The buy-back was executed under a mandate approved on 29 August 2025 that authorises repurchases of up to 106.46 million shares. Cumulative repurchases under this mandate now stand at 44.99 million shares, equivalent to 4.23% of the company’s issued share capital on the mandate adoption date.

Under listing rules, Yidu Tech is subject to a moratorium on new share issues or treasury-share disposals until 15 April 2026.

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