Tanwan Inc. announced a share repurchase on 15 May 2026, buying back 112,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HK$14.42 to HK$14.69 per share. The transaction totaled HK$1.63 million, based on a volume-weighted average price of HK$14.52.

Following the buyback, the company’s issued share capital (excluding treasury shares) declined to 521.28 million from 521.39 million, representing a 0.02% reduction. Treasury shares rose to 13.16 million, while the total number of issued shares remained unchanged at 534.44 million.

The repurchase was executed under the general mandate approved on 19 June 2025, which authorizes Tanwan to repurchase up to 53.31 million shares. Cumulative repurchases under this mandate now stand at 11.78 million shares, equivalent to 2.21% of the issued share count at the date the mandate was granted. In line with Hong Kong listing rules, Tanwan is subject to a moratorium on new share issues or treasury-share disposals until 14 June 2026.

The board confirmed that the repurchase complied with all applicable listing rules and regulatory requirements. No shares were cancelled in connection with the transaction; all repurchased shares are being held as treasury stock.