Times Electric Buys Back 1.42 Million H Shares, Pushing 2025 Mandate Utilisation to 2.10%

Bulletin Express17:04

Zhuzhou CRRC Times Electric Co., Ltd. (Times Electric) disclosed on 6 May 2026 that it repurchased 1.42 million H shares on the Hong Kong Stock Exchange at prices between HKD 36.70 and HKD 37.28, for a total outlay of HKD 52.59 million. All shares bought back are slated for cancellation.

Including this latest transaction, the company has repurchased 10.25 million H shares since the current mandate was approved on 27 June 2025. The cumulative amount equals 2.10% of the share capital in issue at the mandate date.

Despite the buybacks, the issued share capital remains 489.04 million H shares as of 6 May 2026, with no treasury shares held. Under Hong Kong listing rules, Times Electric is subject to a moratorium on new share issuance until 5 June 2026 following the repurchase activity.

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