Yidu Tech Inc. disclosed that it repurchased 2.67 million ordinary shares on 19 March 2026 via on-market transactions on the Hong Kong Stock Exchange.
The shares were acquired at prices ranging from HKD 5.55 to HKD 5.65, with a volume-weighted average cost of HKD 5.61 per share. The total consideration amounted to HKD 14.95 million.
Following the buyback, Yidu Tech’s issued share capital (excluding treasury shares) declined by 0.26% to 1.02 billion shares. Concurrently, the company’s treasury stock rose from 49.22 million to 51.89 million shares, while the total issued share count remained unchanged at 1.07 billion.
The transactions were executed under the repurchase mandate approved on 29 August 2025, which authorises the company to repurchase up to 106.46 million shares. Cumulative buybacks under this mandate now stand at 49.00 million shares, equivalent to 4.60% of the company’s issued shares on the mandate’s approval date.
In line with Hong Kong listing rules, Yidu Tech is subject to a moratorium on issuing new shares or disposing of treasury shares until 18 April 2026.