LX Technology Executes HK$5.02 Million Share Buyback, Outstanding Share Count Falls 0.07%

Bulletin Express
Sep 24

LX Technology Group Limited repurchased 240,000 ordinary shares on 24 September 2026 through on-market transactions on the Hong Kong Stock Exchange, paying an aggregate HK$5.02 million at prices ranging from HK$20.30 to HK$21.22 per share. The volume-weighted average consideration was HK$20.93 per share.

Following the buyback, the company’s issued shares (excluding treasury shares) decreased by 0.07% to 344.42 million. Treasury shares rose to 8.84 million, while the total issued share count remained unchanged at 353.26 million.

The purchases form part of the mandate approved on 5 June 2026, which authorises the repurchase of up to 35.06 million shares. Including the latest transaction, LX Technology has repurchased 6.16 million shares under this mandate, representing 17.43% of the authorised limit and 1.76% of the company’s issued shares at the mandate date. Approximately 28.90 million shares, or 82.57% of the mandate, remain available.

Under Main Board Rule 10.06(3)(a), the company is restricted from issuing new shares or disposing of treasury shares until 24 October 2026. Management confirmed that the repurchase complied with all Hong Kong listing rules and that no material changes have been made to the explanatory statement dated 30 April 2026.

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