Tsugami China Cancels 7.06 Million Shares, Shrinking Share Base by 1.88%

Bulletin Express

May 19

Precision Tsugami (China) Corporation Limited (“Tsugami China”) disclosed on 19 May 2026 that 7.06 million ordinary shares repurchased between 21 August 2025 and 2 April 2026 were formally cancelled on the same day.

The cancelled shares represented 1.88% of the company’s 375.68 million issued shares before the cancellation. Following the move, the total number of issued shares fell to 368.61 million.

The volume-weighted average repurchase price was HKD 31.981074 per share. No treasury shares remained on the balance sheet after the cancellation.

The company confirmed that the repurchase and cancellation were authorised by the board and executed in full compliance with Hong Kong Listing Rules and relevant legal requirements.

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