XD Inc. spends HKD 163.00 million on 2.30 million-share buyback; 0.46% of outstanding shares awaiting cancellation

Bulletin Express03-27

XD Inc. (Hong Kong-listed, stock short name: XD) released a Next Day Disclosure Return on 27 March 2026 detailing continued execution of its share-repurchase programme.

• Capital structure unchanged for now The company’s issued share capital remained at 494.43 million ordinary shares as of 27 March 2026. All shares bought back since late February have yet to be cancelled, so the headline share count is currently unchanged.

• Cumulative repurchases since 25 February From 25 February to 27 March 2026, XD repurchased 2.30 million shares, equivalent to roughly 0.46% of the existing issued share base. Based on the volume-weighted average prices disclosed for each trading day, the aggregate consideration is estimated at HKD 163.00 million, implying an average buyback price of about HKD 70.90 per share.

• Latest trading-day activity On 27 March 2026 the company bought back 122,000 shares on the Hong Kong Stock Exchange at prices between HKD 61.95 and HKD 66.40, spending HKD 7.89 million.

• Headroom under mandate The current repurchase mandate, approved on 29 May 2025, authorises up to 49.17 million shares. Including the latest purchase, XD has repurchased 2.99 million shares under this mandate, utilising about 6.08% of the authorised limit. A 30-day moratorium restricts any new share issuance or treasury-share disposal until 26 April 2026.

• Next steps Once the 2.30 million repurchased shares are formally cancelled, the total issued share count will fall by approximately 0.46%, enhancing earnings per share on a pro-forma basis. The company retains capacity to repurchase an additional 46.18 million shares under the existing authorisation.

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