Tanwan executes HKD 1.50 million buyback, adds 92,000 shares to treasury

Bulletin Express
05/08

Tanwan Inc. disclosed in its Next Day Disclosure Return that it repurchased 92,000 ordinary shares on 08 May 2026 via on-exchange transactions in Hong Kong. The shares were acquired at prices ranging from HKD 15.98 to HKD 16.70, with a volume-weighted average cost of HKD 16.25 per share, bringing the total consideration to HKD 1.50 million.

The transaction reduced the company’s outstanding share count (excluding treasury shares) by 0.02%, from 521.96 million to 521.87 million shares. Treasury shares simultaneously increased from 12.48 million to 12.57 million, while total issued shares remained unchanged at 534.44 million.

This repurchase was executed under the mandate approved on 19 June 2025, which authorises the company to buy back up to 53.31 million shares. Cumulative repurchases under the mandate now stand at 11.19 million shares, equivalent to 2.10% of the issued shares on the mandate date.

Under Main Board Rule 10.06(3)(a), Tanwan is barred from issuing new shares or disposing of treasury shares until 07 June 2026, 30 days after the latest buyback.

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