XD Inc. Repurchases 2.06 Million Shares in June, Deploying 0.42% of AGM Buy-Back Mandate

Bulletin Express
06/30

XD Inc. (HKEX: 02400) filed a Next Day Disclosure Return on 30 June 2026, detailing share repurchase activities executed between 12 and 30 June 2026.

The company bought back 2,058,000 ordinary shares on the Hong Kong Stock Exchange for cancellation. Transactions were carried out at prices ranging from HK$43.21 to HK$50.59 per share, with an estimated volume-weighted average price of about HK$46.03. Total cash consideration is calculated at roughly HK$94.73 million.

Despite the buy-backs, the issued share capital remained unchanged at 489,307,164 shares as of 30 June 2026 because the repurchased shares had not yet been cancelled. Once cancelled, the outstanding share count will fall by 0.42%.

The repurchases were made under the 10% mandate approved at the 28 May 2026 AGM, which authorises XD Inc. to buy back up to 48,929,916 shares. To date, the company has utilised 2,058,000 shares of this limit, leaving 46,871,916 shares—about 9.58% of the current issued capital—still available for future repurchases.

In accordance with Main Board Rule 10.06, XD Inc. is subject to a moratorium on issuing new shares or distributing treasury shares until 30 July 2026.

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