XD Inc. (02400) reported that it repurchased 120,000 ordinary shares on 22 April 2026 via on-market transactions at prices between HK$62.40 and HK$64.35 per share, for a total consideration of HK$7.57 million. All shares bought back are designated for cancellation.
The company’s issued share capital remained unchanged at 492.43 million ordinary shares as of 22 April 2026. No treasury shares were held.
Ongoing programme raises cumulative tally • Between 25 March and 22 April 2026, XD Inc. acquired 2.13 million shares for cancellation at a volume-weighted average cost of approximately HK$63.55 per share, implying an aggregate outlay of about HK$135.41 million. • The shares awaiting cancellation represent roughly 0.43 % of the current issued share base.
Status of repurchase mandate • The existing shareholder mandate dated 29 May 2025 allows the company to buy back up to 49.17 million shares. • Including the latest purchases, XD Inc. has repurchased 4.82 million shares under this mandate, equating to 0.98 % of the issued share count as of the mandate date, leaving considerable capacity for further buybacks. • In line with Hong Kong listing rules, the company is subject to a moratorium on issuing new shares or transferring any treasury shares until 22 May 2026.
Management affirmation Executive Director Huang Yimeng confirmed that all repurchase activities complied with Hong Kong Stock Exchange regulations and that no material changes have occurred to the company’s previously published explanatory statement regarding the buyback programme.
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