Tanwan Inc. (09890) Announces Share Repurchase and Changes in Issued Shares

Bulletin Express
02/16

Tanwan Inc. reported a repurchase of 750,000 shares on 16 February 2026, resulting in a decrease in its issued shares (excluding treasury shares) from 524.52 million to 523.77 million. The number of treasury shares increased from 9.92 million to 10.67 million, keeping the total number of issued shares at 534.44 million.

The highest and lowest repurchase prices per share recorded on 16 February 2026 were HKD 19.87 and HKD 19.33 respectively, with a total cost of HKD 14.81 million. The repurchase falls under a resolution dated 19 June 2025, which authorizes the company to repurchase up to 53.31 million shares. According to the disclosure, 9.28 million shares were repurchased under this mandate before the latest transaction, accounting for 1.74% of the issued shares (excluding treasury shares) at the time of the resolution. The disclosure confirms that the share repurchases were made in compliance with the applicable regulations and listing rules.

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