China XLX Fertiliser (HKG:1866) said its board has approved a share repurchase scheme authorizing market buybacks of up to 10% of its issued shares, with an aggregate amount of up to HK$200 million, according to a Monday Hong Kong bourse filing.
Shares of the firm were up nearly 3% in Tuesday morning trade.
The repurchases may be carried out between Jan. 13, 2026, and Dec. 31, 2026, subject to the existing share repurchase mandate approved by shareholders in June 2025, the filing said.