Tanwan Inc., a Cayman Islands–incorporated company listed in Hong Kong, repurchased 120,000 ordinary shares on 30 September 2026, according to its latest Next Day Disclosure Return.
The shares were acquired on the Stock Exchange of Hong Kong at prices ranging from HKD 9.22 to HKD 9.53, resulting in a volume-weighted average cost of HKD 9.44 per share and an aggregate cash outlay of HKD 1.13 million.
Following the transaction, Tanwan’s outstanding share count (excluding treasury shares) decreased to 517.78 million, down 0.02 % from 517.90 million. Treasury shares rose to 16.66 million, while the company’s total issued share capital remained unchanged at 534.44 million shares, as the repurchased stock was retained in treasury and not cancelled.
The buyback was executed under the repurchase mandate approved on 17 June 2026, which authorises the company to repurchase up to 52.12 million shares. Cumulative repurchases under this mandate now stand at 3.44 million shares, equal to 0.66 % of the issued share base at the time the mandate was granted, leaving roughly 48.68 million shares available for further repurchase.
In accordance with Hong Kong listing rules, Tanwan is subject to a moratorium on issuing new shares or disposing of treasury shares until 30 October 2026 unless prior approval from the Stock Exchange is obtained.