LX Technology completes HK$2.61 million on-market share repurchase, reducing outstanding shares by 0.03%

Bulletin Express
Jul 16

On 16 July 2026, LX Technology Group Limited executed an on-market repurchase of 120,000 ordinary shares on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HK$21.40 to HK$22.00, for an aggregate consideration of HK$2.61 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined from 348.36 million to 348.24 million shares, a reduction of 0.03%. The repurchased stock has been kept as treasury shares—lifting the treasury share balance to 5.02 million—while total issued shares remain unchanged at 353.26 million.

The repurchase forms part of the mandate approved on 5 June 2026, which authorises LX Technology to buy back up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 2.34 million shares, equivalent to 0.67% of the company’s issued shares on the mandate date.

In accordance with Hong Kong Listing Rules, LX Technology is subject to a moratorium on issuing new shares or disposing of treasury shares until 15 August 2026.

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