Tanwan Inc. (TANWAN) disclosed that it repurchased 143,800 ordinary shares on 14 May 2026 through on-market transactions on the Hong Kong Stock Exchange. The buybacks were executed at prices ranging from HK$14.58 to HK$15.35 per share, for a volume-weighted total consideration of HK$2.14 million.

Following the transaction, Tanwan’s outstanding share count (excluding treasury shares) declined to 521.39 million from 521.53 million, a reduction of 0.03%. The company’s treasury-share holding increased to 13.05 million, while the total issued share capital remained unchanged at 534.44 million shares.

The repurchases were conducted under the mandate granted at the 19 June 2025 shareholders’ meeting, which authorises the company to buy back up to 53.31 million shares. Cumulative purchases under this mandate now stand at 11.67 million shares, representing 2.19% of the shares in issue on the mandate date. In line with Hong Kong listing rules, Tanwan is restricted from issuing, selling or transferring any shares until 13 June 2026, a 30-day moratorium following the latest repurchase.

All repurchase actions were approved by the board and carried out in accordance with Hong Kong Stock Exchange regulations and the company’s filed explanatory statement.