LX Technology Executes HKD 2.28 Million Share Buyback, Boosts Treasury Stock to 7.52 Million Shares

Bulletin Express
Sep 15

LX Technology Group Limited repurchased 120,000 ordinary shares on 15 September 2026, spending HKD 2.28 million in open-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 18.74 to HKD 19.23, with a volume-weighted average cost of HKD 19.04 per share.

Following the transaction, the company’s outstanding share count (excluding treasury shares) fell by 0.03 % to 345.74 million, while treasury shares increased to 7.52 million. Total issued shares remain unchanged at 353.26 million, with treasury shares now representing roughly 2.13 % of the company’s issued share capital.

The buyback was executed under the repurchase mandate approved on 5 June 2026, which authorizes LX Technology to repurchase up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 4.84 million shares, equal to 1.38 % of the issued share base at the mandate date. In accordance with Hong Kong listing rules, LX Technology is subject to a moratorium on issuing new shares or selling treasury shares until 15 October 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