Tsugami China executes HKD 2.17 million share buyback; cumulative repurchases hit 6.56 million shares

Bulletin Express03-24

Precision Tsugami (China) Corporation Limited (“Tsugami China”) filed a Next Day Disclosure Return on 24 March 2026, detailing the latest movements under its share repurchase mandate.

• Share capital unchanged The company’s issued share count remained at 375.68 million ordinary shares as of 24 March 2026, with no new shares issued or cancelled during the period.

• Latest on-market repurchase On 24 March 2026, Tsugami China bought back 64,000 shares on the Hong Kong Stock Exchange at prices ranging from HKD 33.48 to HKD 34.00, for a total consideration of HKD 2.17 million. These shares are earmarked for cancellation.

• Cumulative activity since mandate approval Since the repurchase mandate was approved on 18 August 2025, the company has acquired 6.56 million shares, equivalent to 1.75 % of the issued share base at the mandate date. The mandate allows for up to 37.57 million shares to be repurchased, leaving a remaining capacity of approximately 31.01 million shares.

• Moratorium on new issues In line with listing rules, Tsugami China is restricted from issuing new shares until 23 April 2026, 30 days after the most recent repurchase.

All repurchases have been conducted in compliance with Hong Kong listing regulations, and no treasury shares were held as of the reporting date.

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