LX Technology trims float with on-market buyback of 2,400 shares, treasury stock rises to 1.85 million

Bulletin Express
05/26

On 26 May 2026, LX Technology Group Limited executed an on-market repurchase of 2,400 ordinary shares on the Hong Kong Stock Exchange, paying between HKD 23.30 and HKD 23.40 per share. The transaction totalled HKD 0.06 million.

Following the buyback, issued shares (excluding treasury shares) slipped from 351.41 million to 351.41 million, a marginal 0.0007% reduction, while treasury stock increased to 1.85 million shares. The company’s overall issued share count remains unchanged at 353.26 million because the repurchased shares are being held in treasury rather than cancelled.

The purchase forms part of a repurchase mandate approved on 6 June 2025, which authorises LX Technology to buy back up to 35.33 million shares. To date, the company has accumulated 1.85 million shares under this mandate, representing 0.52% of the issued share base at the mandate date.

In accordance with Hong Kong listing rules, LX Technology is subject to a 30-day moratorium on issuing new shares or selling treasury shares, effective until 25 June 2026.

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