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Repurchase of shares
12 Months Ended
Dec. 31, 2017
Repurchase of shares [Abstract]  
Repurchase of shares
16.
Repurchase of shares
 
The following table is a summary of the shares repurchased by the Company during 2015, 2016 and 2017 under the Repurchase Program. No shares were repurchased during 2015, 2016 and 2017 except during the months indicated and all shares were purchased through privately negotiated transactions as a mean of exercising share options from Xunlei’s employees and publicly purchasing from the open market pursuant to the Repurchase Program:
 
Period
 
Total Number of ADSs Purchased as
Part of the Publicly Announced Plan
 
Average Price
Paid Per ADS
 
March 15 – March 30
 
 
408,985
 
 
6.22
 
April 1– April 14
 
 
457,900
 
 
6.61
 
May 2 – May 31
 
 
449,696
 
 
6.28
 
June 9 – June 30
 
 
111,459
 
 
5.24
 
July 1 – July 29
 
 
555,357
 
 
5.33
 
August 1 – August 30
 
 
229,695
 
 
5.83
 
September 6 – September 30
 
 
15,467
 
 
5.33
 
October 13 - October 27
 
 
31,400
 
 
5.11
 
November 18 – November 30
 
 
21,229
 
 
4.61
 
December 2 – December 30
 
 
173,312
 
 
4.02
 
Total for the year ended December 31, 2016
 
 
2,454,500
 
 
 
 
 
 
 
 
 
 
 
 
January 13
 
 
994
 
 
4.34
 
February 10
 
 
5,553
 
 
3.75
 
March 7 – March 31
 
 
86,523
 
 
3.86
 
Total for the year ended December 31, 2017
 
 
93,070
 
 
 
 
 
Note a
In January 2016, the board of directors of the company authorized a share repurchase program, whereby the Company may repurchase up to USD20 million of common shares or ADSs from January 27, 2016 for twelve months through the same means as the Repurchase Program. The share repurchases may be made in accordance with applicable laws and regulations through open market transactions, privately negotiated transactions or other legally permissible means as determined by management, including through Rule 10b5-1 share repurchase plans.
 
Note b
During the years ended December 31, 2015, 2016 and 2017, nil, 2,454,500 and 93,070 ADSs purchased at an aggregate consideration of nil, USD 14,319,000 and USD 358,820 under the Repurchase Program. Due to the expiration of the Repurchase Program, the remaining unused amount of approximately USD 5.3 million was no longer available for repurchase after December 31, 2017.