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XD, Inc. ( (HK:2400) ) just unveiled an update.
XD Inc. has launched an automatic share buy-back programme of up to HK$400 million, appointing an independent broker to repurchase its shares on the Hong Kong Stock Exchange under pre-set parameters and without day-to-day influence from the company or its connected persons. The programme, which can run until 4 June 2026 or end earlier if the full HK$400 million is deployed, is supported by a waiver from the Stock Exchange allowing buy-backs to continue during normally restricted periods around results announcements, thereby giving XD Inc. greater flexibility to optimise execution and potentially support its share price and capital management objectives.
The most recent analyst rating on (HK:2400) stock is a Hold with a HK$74.00 price target. To see the full list of analyst forecasts on XD, Inc. stock, see the HK:2400 Stock Forecast page.
More about XD, Inc.
XD Inc. is a Hong Kong-listed company (stock code: 2400) incorporated in the Cayman Islands, with its shares traded on the Main Board of the Stock Exchange of Hong Kong. The company operates within the technology and digital entertainment ecosystem, and its securities are subject to Hong Kong’s Listing Rules and the Securities and Futures Ordinance regulatory framework.
Average Trading Volume: 2,803,741
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.22B
See more insights into 2400 stock on TipRanks’ Stock Analysis page.