LX Technology Group Executes HK$2.20 Million Share Buyback, Reducing Free Float by 0.03%

Bulletin Express
Sep 02

On 2 September 2026, LX Technology Group Limited completed an on-exchange repurchase of 109,800 ordinary shares for HK$2.20 million. The shares were bought at prices ranging from HK$19.62 to HK$20.74, translating into a volume-weighted average cost of HK$20.07 per share.

Following the transaction, the company’s outstanding share count (excluding treasury shares) declined from 346.99 million to 346.88 million, representing a 0.0316% reduction. Concurrently, the number of treasury shares rose to 6.38 million, while total issued shares remained unchanged at 353.26 million.

The buyback was executed under the repurchase mandate approved on 5 June 2026, which authorises LX Technology Group to repurchase up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 3.70 million shares, equal to 1.06% of the company’s issued share capital as of the mandate date.

A 30-day moratorium on new share issues, sales, or transfers of treasury shares is in effect until 2 October 2026, in accordance with Hong Kong Stock Exchange rules.

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