LX Technology Group Announces HK$3.04 Million On-Market Share Buyback

Bulletin Express
Apr 29

On 29 April 2026, LX Technology Group Limited executed an on-market repurchase of 199,800 ordinary shares on the Stock Exchange of Hong Kong at prices ranging from HK$15.20 to HK$15.26, with a volume-weighted average cost of HK$15.22 per share. The total consideration amounted to HK$3.04 million.

Following the transaction, the number of issued shares outstanding (excluding treasury shares) fell by 0.0566% to 352.54 million, while treasury shares increased to 719,100. The company’s total issued share capital remains unchanged at 353.26 million shares, as the repurchased shares are being held in treasury and have not been cancelled.

The buyback forms part of the mandate approved on 6 June 2025, which authorises repurchases of up to 35.33 million shares. Cumulative purchases under this mandate now stand at 719,100 shares, representing 0.2036% of the company’s issued share count on the mandate’s approval date.

In line with Hong Kong listing rules, a 30-day moratorium applies to any new share issuance or sale/transfer of treasury shares, extending through 29 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10