Techtronic Industries repurchases 180,000 shares for HKD 21.56 million; 0.02% of mandate utilised

Bulletin Express
Jun 04

Techtronic Industries Company Limited (Techtronic Industries) filed a Next Day Disclosure Return on 4 June 2026, reporting an on-market share buyback executed the same day on the Hong Kong Stock Exchange.

On 4 June 2026, Techtronic Industries repurchased 180,000 ordinary shares at prices ranging from HKD 117.00 to HKD 120.60, for a volume-weighted average of HKD 119.80 per share. The total consideration was HKD 21.56 million, and all repurchased shares are earmarked for cancellation.

The company also repurchased 180,000 shares on 3 June 2026 that have not yet been cancelled, bringing the total pending cancellation to 360,000 shares. Relative to the 1.83 billion issued shares outstanding when the repurchase mandate was granted on 8 May 2026, the cumulative buybacks represent 0.02% of share capital.

Under the mandate, the board is authorised to repurchase up to 182.98 million shares; following the latest transactions, 182.62 million shares—or 99.80% of the mandate—remain available.

Because the repurchased shares had not been cancelled as of the filing date, Techtronic Industries’ issued share capital is unchanged at 1.83 billion shares. In compliance with Main Board Rule 10.06(3)(a), the company is subject to a moratorium on issuing new shares until 4 July 2026.

Company Secretary Veronica Ka Po Ng confirmed that the repurchases were conducted in accordance with Hong Kong listing rules, all funds were fully settled, and no material changes have occurred to the explanatory statement filed on 31 March 2026.

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