Tianneng Power Buys Back 1.54 Million Shares for HKD 5.84 Million, Equal to 0.14% of Share Capital

Bulletin Express
Sep 11

On 11 September 2026, Tianneng Power International Limited disclosed a share repurchase of 1.54 million ordinary shares on the Hong Kong Stock Exchange. The shares were bought back on-market at prices ranging between HKD 3.76 and HKD 3.80, for a total consideration of HKD 5.84 million. The volume-weighted average purchase price was approximately HKD 3.79 per share.

The repurchased shares—earmarked for cancellation—represent 0.14% of Tianneng Power’s 1.13 billion issued shares as at 31 August 2026. Because cancellation had not been completed by the reporting date, the company’s issued share capital remained unchanged at 1.13 billion shares.

The transaction was executed under the shareholder mandate granted on 8 June 2026, which allows the company to buy back up to 112.61 million shares. To date, 1.54 million shares, or about 1.37% of the authorised limit, have been repurchased under this mandate.

Following the buyback, Tianneng Power is subject to a moratorium prohibiting new share issues or treasury-share sales until 11 October 2026, in line with Hong Kong Stock Exchange regulations.

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