Tianqi Lithium Corporation (Stock Code: 9696) announced the completion of the cancellation of 26,600 A shares that remained unused under its employee share repurchase plan. According to the announcement, the shares to be cancelled represented approximately 0.0016% of the total share capital prior to cancellation, fulfilling regulatory requirements for shares repurchased but not utilized within the designated three-year period.
Following this cancellation, the total share capital decreased from 1,641,221,583 shares to 1,641,194,983 shares. The remaining capital structure is composed of A shares and H shares, with no material effect on the company’s financial position, operations, or listing status. The decision aligns with the company’s stated objective of safeguarding long-term value and optimizing its capital structure.