Tanwan Inc. (TANWAN) disclosed a share repurchase on 12 May 2026, buying back 141,400 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HKD 15.31 to HKD 15.90. The transaction’s volume-weighted average stands at HKD 15.46 per share, bringing the total consideration to HKD 2.19 million.

Following the repurchase, the company’s issued share capital (excluding treasury shares) decreased to 521.67 million, while treasury shares increased to 12.77 million. The total number of issued shares remains unchanged at 534.44 million.

The buyback forms part of the mandate granted on 19 June 2025, which authorises the repurchase of up to 53.31 million shares. Cumulatively, Tanwan has repurchased 11.39 million shares under this mandate, representing 2.14% of the company’s issued shares as of the mandate date. A moratorium on new share issues or sales of treasury shares is in effect until 11 June 2026, in line with Hong Kong listing rules.