Times Electric completes HKD 73.85 million buyback; outstanding repurchased shares reach 16.99 million

Bulletin Express
06/25

Zhuzhou CRRC Times Electric Co., Ltd. (“Times Electric”) disclosed that it repurchased 1.94 million H-shares on 25 June 2026 via on-market transactions. The shares were bought at prices ranging between HKD 37.36 and HKD 39.44, for a total consideration of HKD 73.85 million. All repurchased shares are designated for cancellation.

Including this latest tranche, Times Electric has acquired 27.25 million shares since the 27 June 2025 mandate was approved, representing 5.57% of the company’s issued share capital at that time. Of these, 16.99 million shares—equal to 3.55% of the current 478.80 million issued shares—were still pending cancellation as of 25 June 2026.

The current repurchase mandate authorises the company to buy back up to 48.90 million shares. After the 25 June transactions, 21.66 million shares remain available under the mandate.

Consistent with Hong Kong Stock Exchange rules, Times Electric is subject to a 30-day moratorium on issuing new shares following the buyback, ending on 25 July 2026.

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