XD Inc. repurchases 2.85 million shares for HK$181.62 million; outstanding share count unchanged at 492.43 million

Bulletin Express04-30

XD Inc. (HKEX: 2400) disclosed a series of on-market buybacks carried out between 25 March and 30 April 2026, involving 2.85 million ordinary shares that are earmarked for cancellation but had not yet been cancelled as of 30 April 2026. The aggregate consideration for the purchases reached HK$181.62 million, translating into an average repurchase price of HK$63.69 per share.

The cumulative 2.85 million shares represent approximately 0.58 % of XD Inc.’s existing 492.43 million issued shares (excluding treasury shares). Despite the repurchases, the company’s issued share capital remained unchanged at 492.43 million shares at the period-end, pending formal cancellation of the bought-back shares.

Latest trade: On 30 April 2026 the company repurchased 120,000 shares on the Hong Kong Stock Exchange at prices ranging from HK$62.00 to HK$64.30, for a total outlay of HK$7.53 million and an average price of HK$62.71.

Repurchase mandate utilisation: Shareholders had approved a mandate on 29 May 2025 allowing the company to buy back up to 49.17 million shares. Including the latest transactions, XD Inc. has repurchased 5.54 million shares, equating to 11.27 % of the authorised limit and 1.13 % of the company’s issued shares as of the mandate date. Under Hong Kong Stock Exchange rules, the company is subject to a moratorium on new share issues until 30 May 2026.

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