Techtronic Industries Company Limited repurchased 21,000 ordinary shares on 7 July 2026 through on-market transactions on the Hong Kong Stock Exchange.
The shares were bought at prices ranging from HKD 129.70 to HKD 134.80, implying a volume-weighted average cost of HKD 130.82 per share and a total consideration of HKD 2.75 million. All 21,000 shares are earmarked for cancellation, leaving the company with no treasury shares on hand.
Since the general share-repurchase mandate was approved on 8 May 2026, Techtronic Industries has acquired 2.11 million shares—equivalent to 0.115 % of the issued share capital outstanding on the mandate date. The mandate allows up to 182.98 million shares to be repurchased; approximately 180.87 million shares of capacity remain.
Between 23 June and 7 July 2026, the company conducted ten repurchase tranches totaling 353,000 shares that were pending cancellation as of 7 July. These transactions cost an estimated HKD 43.25 million, or an average of roughly HKD 122.48 per share. Despite the ongoing buybacks, the number of issued shares stood unchanged at 1.83 billion as of the same date.
Under Hong Kong listing rules, Techtronic Industries is restricted from issuing new shares or transferring any treasury shares until 6 August 2026. The board confirms that all repurchases were carried out in accordance with regulatory requirements.
Comments