YIDU TECH (02158) saw its stock price soar by 5.04% in intraday trading on Monday, following the company's announcement of a recent share repurchase program. This significant uptick in the stock's value comes as investors react positively to the company's latest capital allocation decision.

According to the announcement, YIDU TECH repurchased 353,000 of its own shares on September 26, 2025. The total consideration for this buyback amounted to HK$1.9992 million, with the repurchase price ranging from HK$5.57 to HK$5.69 per share. This move by the company is often interpreted as a signal of confidence in its own stock value and future prospects.

Share repurchases are typically viewed favorably by the market as they can lead to improved earnings per share and demonstrate management's belief that the stock may be undervalued. The timing and size of this repurchase appear to have resonated with investors, contributing to the notable 5.04% increase in YIDU TECH's stock price. As the market continues to digest this information, it will be interesting to observe any further impacts on the company's stock performance in the coming days.