Techtronic Industries Executes HK$3.45 Million On-Market Buyback; Cumulative Repurchases Reach 3.02 Million Shares

Bulletin Express18:22

Techtronic Industries Company Limited (Techtronic) disclosed a fresh share repurchase in its Next Day Disclosure Return filed on 27 August 2026. Key takeaways are as follows:

• Latest transaction: On 27 August 2026 the company repurchased 25,000 ordinary shares on the Hong Kong Stock Exchange at prices between HK$136.70 and HK$138.90 per share, for a total consideration of HK$3.45 million.

• Outstanding cancelled shares: Including purchases from 19–27 August 2026, a total of 155,000 shares (c.0.01% of the 1.83 billion issued shares) have been bought back but were still pending cancellation as at 27 August 2026.

• Share count unchanged: Issued share capital stood at 1.83 billion shares as of both 26 and 27 August 2026, reflecting that the repurchased shares had not yet been cancelled.

• Mandate utilisation: Since shareholders approved the buyback mandate on 8 May 2026, Techtronic has repurchased 3.02 million shares, equivalent to 0.17% of the share base at the mandate date, against an authorisation limit of 182.98 million shares.

• Post-buyback restrictions: In line with listing rules, the company is subject to a moratorium on issuing new shares or transferring any treasury shares until 26 September 2026.

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