LX Technology repurchases 120,000 shares for HK$2.66 million, boosts treasury stock to 4.45 million

Bulletin Express
Jul 09

On 9 July 2026, LX Technology Group Limited completed an on-market repurchase of 120,000 ordinary shares, according to its Next Day Disclosure Return filed with the Hong Kong Stock Exchange.

The shares were bought at prices ranging between HK$21.56 and HK$22.50, with a volume-weighted average of HK$22.19, for a total consideration of HK$2.66 million. All repurchased shares have been retained as treasury stock.

Following the transaction, LX Technology’s issued share capital (excluding treasury stock) declined by 0.0344% to 348.81 million shares, while treasury shares increased to 4.45 million. The company’s total issued shares remain unchanged at 353.26 million.

The buyback forms part of the repurchase mandate approved on 5 June 2026, which authorises the company to repurchase up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 1.77 million shares, representing 0.50% of the issued share capital 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 8 August 2026. The filing was signed by Company Secretary Liu Yan.

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