Tanwan Inc. repurchases 50,000 shares; treasury holdings rise to 16.34 million

Bulletin Express
Sep 23

Tanwan Inc., a Cayman-incorporated gaming company listed in Hong Kong, disclosed that it bought back 50,000 ordinary shares on 23 September 2026. The on-market repurchases were executed at prices between HKD 9.48 and HKD 9.55 per share, translating into an average cost of HKD 9.52 and an aggregate consideration of HKD 0.48 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) declined by 0.01 % to 518.10 million shares. Treasury stock increased from 16.29 million to 16.34 million, while the total number of issued shares remained unchanged at 534.44 million.

The buyback forms part of a mandate approved on 17 June 2026 authorising Tanwan to repurchase up to 52.12 million shares. Cumulative repurchases under this mandate now stand at 3.13 million shares, representing 0.60 % of the company’s issued share base on the mandate date. Under Hong Kong listing rules, Tanwan is restricted from issuing new shares or disposing of treasury shares until 23 October 2026.

Tanwan confirmed that the repurchase complied with all applicable listing rules and regulatory requirements, and stated that there have been no material changes to the explanatory statement filed with the Stock Exchange in April 2026.

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