Tianli International (01773) published a Next Day Disclosure Return dated 20 February 2026. According to the announcement, the company repurchased 200,000 shares on 20 February 2026 at HKD2.71 per share, resulting in a total consideration of HKD542,000. These repurchased shares are held as treasury shares, bringing the number of treasury shares to 6.50 million while maintaining the overall issued share count at 2,109.26 million.

The company disclosed that it has previously repurchased shares on various dates in August and September 2025 that are pending cancellation. The total number of shares awarded under its repurchase mandate stands at 209.24 million, of which 2.90 million shares have already been repurchased. The company clarified that the denominator used for calculating the percentage of repurchases under the mandate was 2,092.43 million shares, reflecting issued shares excluding certain repurchased or treasury shares at the time the resolution was passed.

In addition, there is a moratorium period lasting until 22 March 2026, during which no new share issuance or sale of treasury shares may occur without regulatory approval.