LX Technology completes HKD 4.95 million on-market share buyback, reduces free float by 0.07%

Bulletin Express
Sep 23

LX Technology Group Limited repurchased 240,000 ordinary shares on the Hong Kong Stock Exchange on 23 September 2026, utilising its general mandate granted on 5 June 2026. The buyback was executed at prices between HKD 20.34 and HKD 20.92 per share, with a volume-weighted average consideration of HKD 20.62 per share, for a total outlay of HKD 4.95 million.

The transaction trimmed the company’s outstanding share count (excluding treasury shares) by 0.07% to 344.66 million. Concurrently, treasury shares increased from 8.36 million to 8.60 million, while the total issued share capital remained unchanged at 353.26 million.

Since the approval of its buyback mandate—authorising the repurchase of up to 35.06 million shares—LX Technology has acquired 5.92 million shares, representing 1.69% of the shares in issue on the mandate date. The company retains capacity to repurchase a further 29.14 million shares under the existing authority.

In accordance with Hong Kong Stock Exchange regulations, LX Technology is subject to a moratorium on issuing new shares or disposing of treasury shares until 23 October 2026.

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