Wednesday, XD Inc. (2400.HK) announced a share buy-back agreement with an independent broker, which authorizes the latter to operate Automatic Share Buy-back Program.
As per the agreement, the broker has to buy back upto HK$400 million of the company's shares on the stock exchange.
The share buyback program will remain in effect until November 11, 2026, unless it is changed or ended earlier under the terms of the agreement.
XD's stock closed at HK$49.260, up 0.41 percent on the Hong Kong Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.