TOPNC Completes HKD 1.93 Million Share Buyback; Outstanding H-Shares Dip 0.03%

Bulletin Express10-22

Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) disclosed a repurchase of 100,500 H-shares on 22 October 2026, executed on the Hong Kong Stock Exchange at prices ranging from HKD 18.95 to HKD 19.56. The volume-weighted average repurchase price was HKD 19.20 per share, bringing the aggregate consideration to HKD 1.93 million.

Following the transaction, the company’s outstanding H-shares (excluding treasury shares) fell 0.0264% to 381.02 million, while treasury-share holdings rose to 251,100. The total issued share count remained unchanged at 381.27 million.

The buyback was carried out under the mandate approved on 29 July 2026, which authorises the repurchase of up to 38.13 million shares. Cumulative repurchases under this mandate now stand at 251,100 shares, representing 0.0658% of the outstanding share base on the mandate date.

Under Hong Kong listing rules, TOPNC is restricted from issuing, selling, or transferring treasury shares until 21 November 2026. All regulatory confirmations required by the Stock Exchange have been provided by the company.

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