Techtronic Industries trims float; buys back 32,000 shares for HK$4.11 million on 2 July, cumulative FY26 repurchases reach 2.02 million shares

Bulletin Express07-02

Techtronic Industries Company Limited (“Techtronic Industries”) reported a fresh on-market repurchase of 32,000 ordinary shares on 2 July 2026, paying between HK$126.80 and HK$131.10 per share. The outlay amounted to HK$4.11 million, implying an average price of HK$128.31 per share and representing c.0.002% of the 1.83 billion issued shares outstanding before the transaction. All 32,000 shares were repurchased for cancellation.

Including this latest purchase, Techtronic Industries has executed 2.02 million share repurchases since its current mandate was approved on 8 May 2026, utilising roughly 1.10% of the 183.0 million shares authorised for buyback and equivalent to 0.11% of the share capital at the mandate date.

Pending Cancellations As at the close of 2 July 2026, a total of 260,000 shares repurchased between 23 June and 2 July 2026 remained outstanding for cancellation. The weighted-average acquisition cost of these shares is estimated at about HK$124.35 per share, for an aggregate consideration of approximately HK$32.33 million.

Issued Share Capital Despite the ongoing buyback, the company’s issued share count (excluding treasury shares) stood unchanged at 1,828,465,441 as of 2 July 2026, as the repurchased shares had not yet been cancelled.

Capital Management Framework Under Main Board Rule 10.06(3)(a), Techtronic Industries is subject to a 30-day moratorium on issuing new shares following the latest repurchase, running through 1 August 2026. The board has confirmed that all buybacks to date comply with Hong Kong Stock Exchange regulations and the terms of the explanatory statement dated 31 March 2026.

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