LX Technology completes HK$2.28 million on-market buyback; treasury shares rise to 6.50 million

Bulletin Express
Sep 03

LX Technology Group Limited reported to the Hong Kong Stock Exchange that it repurchased 120,000 ordinary shares on 3 September 2026. The shares were bought on-market at prices ranging from HK$18.75 to HK$19.90, with a volume-weighted average repurchase cost of HK$18.97 per share, bringing total consideration to HK$2.28 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell by 0.03% to 346.76 million shares, while the treasury-share balance increased to 6.50 million. Total issued shares remained unchanged at 353.26 million.

The purchase was made under the shareholder mandate granted on 5 June 2026, which authorises LX Technology to buy back up to 35.06 million shares. Cumulative repurchases under this mandate now stand at 3.82 million shares, equivalent to 1.09% of the share count on the mandate date, leaving roughly 31.23 million shares available for further repurchase.

In accordance with Hong Kong listing rules, LX Technology is restricted from issuing, selling or transferring any treasury shares until 3 October 2026.

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