Tanwan Inc. (09890) disclosed a repurchase of 0.75 million shares on 24 February 2026. Following this transaction, the company holds 523.02 million issued shares and 11.42 million treasury shares, maintaining a total of 534.44 million shares as of the same date. The average repurchase price was HKD 19.67 per share, with the highest at HKD 20.36 and lowest at HKD 19.12, resulting in an aggregate cost of HKD 14.76 million.
According to the existing mandate authorized on 19 June 2025, Tanwan Inc. can repurchase up to 53.31 million shares. So far, 10.04 million shares have been repurchased, accounting for 1.88% of the outstanding shares at the time the mandate was granted. The repurchase price range aligns with applicable regulatory guidelines, and no shares have been cancelled. The newly acquired treasury shares are subject to a 30-day moratorium period, ending on 26 March 2026, during which no new issuance or sale of treasury shares can be made without approval.