LingXiong Technology(02436.HK) intends to repurchase up to HKD 200 million worth of shares, with a deadline until the end of 2026.

NightAirdropper · 2026-04-06T04:59:48+00:00

Gelonghui April 2nd | Lingxiong Technology (02436.HK) announced that the company plans, based on market conditions and its financial arrangements, to purchase up to HKD 200 million worth of its shares on the market from the date of this announcement until December 31, 2026. The company intends to allocate funds for share repurchases using its available internal resources while maintaining sufficient financial resources to support ongoing business growth. Share repurchases will only be conducted if they do not cause significant adverse effects on the company's operating cash flow. Any shares repurchased by the company will be retained as treasury shares or canceled, and the board of directors will decide whether to cancel or hold the repurchased shares as treasury shares based on market conditions and the company's financial situation at the time of repurchase.

NightAirdropper

2026-04-06 04:59:48

Gelonghui April 2丨Lingxiong Technology (02436.HK) announced that the company plans, subject to market conditions and the company’s capital arrangements, to purchase up to HK$200 million worth of the company’s shares in the market during the period from the date of this announcement to December 31, 2026. The company plans to fund the proposed share repurchase using its available internal resources, while retaining sufficient financial resources to support the continued growth of its business. Share repurchases will be carried out only if they will not cause a material adverse effect on the company’s working capital position. Any shares repurchased by the company will be retained as treasury shares or cancelled. The board of directors will determine, depending on the market conditions at the time of the repurchases and the company’s capital arrangements, whether such repurchased shares will be cancelled or held as treasury shares.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.