Techtronic Ind (00669) Repurchases 300,000 Shares for HK$32.20 Million at Average HK$107.33

Bulletin Express03-19

Techtronic Industries Company Limited (stock code 00669) disclosed a share buyback conducted on 19 March 2026. The company repurchased 300,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging from HK$106.70 to HK$107.90, representing an average cost of HK$107.33 per share. The total consideration amounted to HK$32.20 million.

Following the transaction, Techtronic Ind’s issued share capital remains at 1.83 billion shares, as the repurchased shares are pending cancellation. The 300,000 shares represent approximately 0.0164% of the company’s existing issued shares.

The buyback was executed under the repurchase mandate approved on 9 May 2025, which authorises the company to repurchase up to 183.16 million shares. Including the latest transaction, 3.05 million shares—around 0.167% of the issued share base at the time the mandate was granted—have been repurchased.

In line with Hong Kong listing rules, Techtronic Ind is subject to a moratorium on issuing new shares until 18 April 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment