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Repurchase of shares

12 Months Ended

Dec. 31, 2019

Repurchase of shares

Repurchase of shares

17.          Repurchase of shares

The following table is a summary of the shares repurchased by the Company under the Second Repurchase Program.  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. No shares were repurchased in 2018 and 2019:

		Total Number of ADSs Purchased as		Average Price
Period		Part of the Publicly Announced Plan		Paid Per ADS
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

During the year ended December 31, 2017, 93,070 ADSs repurchased at an aggregate consideration of USD 358,820. The remaining unused amount of approximately USD 5.3 million was no longer available for repurchase as of December 31, 2019 due to the expiration of the Second Repurchase Program.

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- Definition

The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-URI http://asc.fasb.org/subtopic&trid=2208821

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- References

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