Yidu Tech (02158) Buys Back 1.39 Million Shares for HK$8.12 Million, Treasury Stock Climbs to 42.37 Million Shares

Bulletin Express
03/11

Yidu Tech Inc. disclosed that it repurchased 1.39 million ordinary shares on 11 March 2026 through on-market transactions on the Hong Kong Stock Exchange at prices ranging from HK$5.77 to HK$5.90 per share, with a volume-weighted average cost of HK$5.86. The total consideration amounted to HK$8.12 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell to 1.03 billion shares, representing a 0.13% reduction from the previous day’s 1.03 billion shares. Treasury shares increased from 40.99 million to 42.37 million, leaving the aggregate share count unchanged at 1.07 billion.

The repurchase forms part of the mandate approved by shareholders on 29 August 2025, which authorised the buyback of up to 106.46 million shares—equivalent to 3.71% of the shares then in issue. To date, Yidu Tech has repurchased 39.48 million shares under this mandate, utilising roughly 37% of the authorised limit.

All 1.39 million shares acquired on 11 March 2026 have been retained as treasury shares; no cancellations were recorded. Under Hong Kong listing rules, Yidu Tech is subject to a moratorium on new share issues or further treasury-share sales until 10 April 2026.

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