XD Inc. Buys Back 120,000 Shares for HK$7.76 Million; 2.73 Million Shares Pending Cancellation

Bulletin Express04-29

Hong Kong, 29 April 2026 – XD Inc. announced that it repurchased 120,000 ordinary shares on 29 April 2026 via on-market transactions at prices ranging between HK$63.80 and HK$65.75 each. The buyback cost totalled HK$7.76 million, implying a volume-weighted average price of HK$64.67 per share.

Including this latest tranche, the company has bought back 2.73 million shares between 25 March and 29 April 2026 that remain outstanding pending formal cancellation. These shares represent approximately 0.55 % of XD Inc.’s current issued share capital of 492.43 million shares. Upon cancellation, the issued share count would decline by the same proportion.

Since the shareholder mandate was granted on 29 May 2025, XD Inc. has repurchased an aggregate 5.42 million shares, equivalent to 1.10 % of the share capital outstanding on the mandate date. This utilises 11.02 % of the 49.17 million-share authority, leaving about 43.75 million shares available for further buybacks before the mandate’s expiry on 29 May 2026.

The company stated that the 29 April repurchase complied with Hong Kong Stock Exchange Listing Rules, and no new share issuance or sale of treasury shares may occur until 29 May 2026 due to the post-buyback moratorium period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment