China XLX Fertiliser Repurchases 1.23 Million Shares at HK$10.07 Average, Lifting Treasury Stock to 10.70 Million

Bulletin Express
Sep 25

Hong Kong, 25 September 2026—China XLX Fertiliser Ltd. disclosed that it repurchased 1.23 million ordinary shares on 25 September 2026, enlarging its treasury stock position and trimming its outstanding share count.

The on-market buyback was executed within a price range of HK$9.90–10.18 per share, translating into a volume-weighted average cost of HK$10.07 per share. Total cash consideration amounted to HK$12.38 million.

Following the transaction, issued shares outstanding (excluding treasury shares) declined by 0.10% to 1.27 billion, while treasury shares rose from 9.47 million to 10.70 million. The company’s total issued share capital remained unchanged at 1.28 billion shares.

Shareholders had authorised the board on 23 June 2026 to repurchase up to 127.47 million shares. With 2.13 million shares now bought back under this mandate, approximately 1.67% of the approved limit has been utilised.

In line with Hong Kong listing rules, China XLX Fertiliser is subject to a moratorium on issuing new shares or disposing of treasury shares until 25 October 2026.

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