Tanwan Inc. (09890) disclosed a share repurchase on 5 February 2026, reducing the number of issued shares (excluding treasury shares) from 525,177,518 to 525,101,318. Simultaneously, treasury shares increased from 9,262,400 to 9,338,600, while the total number of issued shares remained at 534,439,918.
The repurchase involved 76,200 ordinary shares on the Hong Kong Stock Exchange at a highest price of HKD 18.09 and a lowest price of HKD 17.60, resulting in an aggregate cost of HKD 1,367,030. These repurchased shares are held as treasury shares. According to the repurchase mandate passed on 19 June 2025, the company is authorized to buy back up to 53,305,851 shares, and it has repurchased 7,957,200 shares so far, representing 1.49% of its issued shares as of the mandate date.
A 30-day moratorium remains in effect until 7 March 2026 for any potential new share issuance or sale/transfer of treasury shares related to these transactions.