Tenfu reports fresh 3,000-share repurchase; cumulative 2026 buy-backs reach 208,000 shares

Bulletin Express
Jul 16

Tenfu (Cayman) Holdings Company Limited disclosed in its Next Day Disclosure Return that it repurchased 3,000 ordinary shares on 16 July 2026 via on-market transactions at prices between HKD 2.65 and HKD 2.69. The outlay for the day totalled HKD 8,030, or approximately HKD 0.01 million.

Key takeaways

1. Share capital unchanged • Issued shares (excluding treasury shares) stood at 1.08 billion both before and after the latest transaction, as the repurchased shares have not yet been cancelled.

2. Ongoing cancellation pipeline • Between 3 July and 16 July 2026, Tenfu bought back 31,000 shares for cancellation at an average price of about HKD 2.69, representing roughly 0.0029% of the current issued share base. • Total cash deployed for these 10 trading-day purchases amounts to around HKD 0.08 million.

3. Utilisation of 2026 mandate • The 2026 general mandate, approved on 11 May 2026, authorises the company to repurchase up to 108.28 million shares (10% of shares in issue on the mandate date). • Cumulative repurchases under this mandate now stand at 208,000 shares, equivalent to 0.02% of the company’s issued share capital at mandate date—indicating minimal utilisation to date.

4. Moratorium on new issues • In line with Hong Kong listing rules, Tenfu is restricted from issuing new shares or selling treasury shares until 15 August 2026—30 days after the most recent buy-back.

The board confirms that all repurchases complied with Hong Kong Stock Exchange requirements and that no material changes have occurred to the April 2026 explanatory statement previously filed.

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