Tenfu reports fresh 3,000-share repurchase; cumulative 2026 buy-backs reach 208,000 shares

Bulletin Express
07/16

Tenfu (Cayman) Holdings Company Limited disclosed in its Next Day Disclosure Return that it repurchased 3,000 ordinary shares on 16 July 2026 via on-market transactions at prices between HKD 2.65 and HKD 2.69. The outlay for the day totalled HKD 8,030, or approximately HKD 0.01 million.

Key takeaways

1. Share capital unchanged • Issued shares (excluding treasury shares) stood at 1.08 billion both before and after the latest transaction, as the repurchased shares have not yet been cancelled.

2. Ongoing cancellation pipeline • Between 3 July and 16 July 2026, Tenfu bought back 31,000 shares for cancellation at an average price of about HKD 2.69, representing roughly 0.0029% of the current issued share base. • Total cash deployed for these 10 trading-day purchases amounts to around HKD 0.08 million.

3. Utilisation of 2026 mandate • The 2026 general mandate, approved on 11 May 2026, authorises the company to repurchase up to 108.28 million shares (10% of shares in issue on the mandate date). • Cumulative repurchases under this mandate now stand at 208,000 shares, equivalent to 0.02% of the company’s issued share capital at mandate date—indicating minimal utilisation to date.

4. Moratorium on new issues • In line with Hong Kong listing rules, Tenfu is restricted from issuing new shares or selling treasury shares until 15 August 2026—30 days after the most recent buy-back.

The board confirms that all repurchases complied with Hong Kong Stock Exchange requirements and that no material changes have occurred to the April 2026 explanatory statement previously filed.

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