Yidu Tech (02158) repurchases 1.14 million shares for HK$6.55 million; outstanding share count trimmed by 0.11%

Bulletin Express
03/18

Hong Kong, 18 Mar 2026—Yidu Tech Inc. (02158) disclosed that it bought back 1.14 million ordinary shares on 18 March 2026 through on-exchange transactions. The repurchase price ranged from HK$5.66 to HK$5.81 per share, translating into a total consideration of HK$6.55 million and an average cost of approximately HK$5.76 per share.

Following the transaction, the company’s issued share capital (excluding treasury shares) decreased from 1,024.57 million to 1,023.43 million shares, a reduction of 0.11%. Treasury shares rose correspondingly to 49.22 million, while total issued shares remained unchanged at 1,072.65 million.

The share buy-back formed part of the mandate approved on 29 August 2025, which authorises the repurchase of up to 106.46 million shares. Including the latest purchase, Yidu Tech has repurchased 46.33 million shares under this mandate, representing 4.35% of the company’s issued shares as of the mandate date.

All 1.14 million shares acquired on 18 March 2026 are being held as treasury shares; none have been cancelled. Under Listing Rule 10.06(3)(a), the company is restricted from issuing new shares or selling treasury shares until 17 April 2026.

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