TSUGAMI CHINA Cancels 7.06 Million Shares in May, Cutting Outstanding Stock to 368.61 Million

Bulletin Express06-01 17:05

Precision Tsugami (China) Corporation Limited (TSUGAMI CHINA) reported that, during May 2026, it cancelled 7.06 million ordinary shares previously repurchased at an average price of HKD 31.98 per share.

Following the cancellation, total issued shares declined from 375.68 million to 368.61 million. No treasury shares were held at month-end.

Authorised share capital remained unchanged at 1.00 billion ordinary shares with a par value of HKD 1.00 each, equivalent to HKD 1.00 billion.

The company confirmed that public-float requirements continued to be satisfied as of 31 May 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment