XD Inc. repurchases 120,000 shares for HK$7.69 million; cumulative buy-backs reach 5.30 million shares

Bulletin Express04-28

XD Inc. (HKEX: 02400) disclosed on 28 April 2026 that it had repurchased 120,000 ordinary shares on the Hong Kong Stock Exchange the same day.

• Transaction details: the shares were bought back at prices ranging from HK$63.30 to HK$65.40 per share, for a total consideration of HK$7.69 million. The shares are designated for cancellation rather than being held as treasury stock.

• Share‐count impact: the company’s issued share capital stood at 492.43 million shares both before and after the 28 April trade, as the cancellation process is pending. Including this latest tranche, XD Inc. has 2.61 million repurchased shares awaiting cancellation, equivalent to approximately 0.53 % of the current issued share base.

• Mandate utilisation: Since receiving shareholder approval on 29 May 2025 to repurchase up to 49.17 million shares, the company has bought back 5.30 million shares in the market, representing 1.08 % of the issued share count at the mandate date.

• Post-repurchase restrictions: In line with HKEX Main Board Rule 10.06(3)(a), XD Inc. is subject to a moratorium on new share issues or treasury share disposals until 28 May 2026.

No new shares were issued during the period, and the total number of issued shares remains unchanged at 492.43 million. All buy-backs have been executed in accordance with the company’s repurchase mandate and Hong Kong listing rules.

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