XD Inc. spends HKD 170.88 million to buy back 2.43 million shares, representing 0.49% of outstanding stock

Bulletin Express
03/30

XD Inc. (HKEX: 02400) disclosed that between 25 February and 30 March 2026 it repurchased a total of 2,426,000 ordinary shares for cancellation. The aggregate consideration reached HKD 170.88 million, implying a volume-weighted average purchase price of approximately HKD 70.50 per share.

The shares were bought on the Hong Kong Stock Exchange at prices ranging from HKD 63.01 to HKD 76.96. The single-day peak outlay occurred on 30 March 2026, when the company acquired 125,000 shares for HKD 7.88 million.

All repurchased shares have yet to be cancelled, leaving the issued share capital unchanged at 494,429,564 shares as of 30 March 2026. Once cancelled, the buybacks would reduce the share count by about 0.49%.

The transactions were executed under the general mandate granted on 29 May 2025, which authorises the repurchase of up to 49.17 million shares. Including the latest purchases, XD Inc. has utilised 3,114,600 shares, or 0.63% of the share base existing on the mandate date.

Under Hong Kong Listing Rule 10.06(3)(a), the company is subject to a 30-day moratorium on issuing new shares until 29 April 2026.

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