LB Group has completed a 900 million yuan share buyback, and its controlling shareholder and senior management team have subsequently carried out a nearly 48 million yuan share purchase plan. According to a company announcement, the controlling shareholder, certain directors, senior management, and core employees purchased a total of 3.154 million shares through centralized bidding between June 8 and July 30, 2026, accounting for 0.13% of the company's total share capital, with a total purchase amount of 47.7711 million yuan, reaching the lower limit of the purchase plan. Previously, the company launched a buyback program of 500 million to 1 billion yuan in June 2025, which was completed by the end of May 2026, with a cumulative expenditure of approximately 900 million yuan. However, the intensive positive news failed to halt the share price decline. As of the close on July 31, LB Group shares stood at 16.38 yuan per share, a cumulative decline of about 16% for the year, with a total market capitalization of 39.054 billion yuan. In the first quarter of 2026, the company's net profit attributable to shareholders was 187 million yuan, a year-on-year decrease of 72.74%, mainly due to lower titanium dioxide selling prices and rising raw material costs.
LB Group Co LtdQ1 net profit down 72.74% due to lower titanium dioxide prices and higher raw material costs, outweighing buyback and insider purchases.