XD Inc. (02400) Issues Next Day Disclosure Return and Updates Share Repurchases

Bulletin Express02-03 18:45

XD Inc. released a Next Day Disclosure Return dated 03 February 2026, stating that its total issued shares remained at 495,118,164 as of 02 February 2026 and showed no change on 03 February 2026. According to the announcement, multiple on-market repurchases were carried out between mid-January and early February 2026, but the final number of outstanding shares did not change within this period.

The filing detailed share repurchases not yet canceled as of 03 February 2026, conducted on various dates from 13 January to 03 February 2026. The quantities ranged from several hundred to tens of thousands of shares, with prices in the range of approximately HKD 77.8 to HKD 87.4, indicating ongoing buyback activity before official cancellation.

Additionally, the document noted one on-market repurchase on 03 February 2026 totaling 23,000 shares, with the highest price at HKD 88.2 and the lowest at HKD 79.5, for an aggregate cost of roughly HKD 1.95 million. The report also confirmed that the company’s current repurchase mandate, granted on 29 May 2025, authorized the repurchase of up to 49,167,523 shares. As of the date of the announcement, a total of 278,400 shares had been acquired under this mandate, representing 0.0566% of the total issued shares when the mandate was granted.

The filing further referenced a moratorium that restricts the issuer from issuing new shares or transferring treasury shares for 30 days following share repurchases, noted to be effective until 05 March 2026. The announcement indicated that all repurchases were made in compliance with relevant regulations and that there were no significant alterations to previously filed statements.

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