Shanghai Top Numerical Control Technology Co., Ltd. (TOPNC) disclosed a share repurchase executed on 29 October 2026, buying back 129,800 H shares on the Hong Kong Stock Exchange at prices ranging between HKD 19.12 and HKD 19.39 per share. The volume-weighted average purchase price was HKD 19.32, bringing the total consideration to approximately HKD 2.51 million.
Following the transaction, TOPNC’s issued share capital (excluding treasury shares) fell to 379.79 million shares from 379.92 million, a decrease of 0.034 percent. Concurrently, the company’s treasury share balance rose to 1.48 million shares, while total issued shares remained unchanged at 381.27 million.
The buyback forms part of the repurchase mandate approved by shareholders on 29 July 2026, which authorizes TOPNC to reacquire up to 38.13 million shares. Including the latest transaction, the company has repurchased 1.48 million shares under this mandate, equivalent to 0.39 percent of the shares outstanding on the mandate date.
All purchases were conducted on-market in accordance with Hong Kong Listing Rules and domestic regulations. Under listing requirements, TOPNC is restricted from issuing new shares or disposing of treasury shares until 28 November 2026.
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