Tianneng Power International Limited (Tianneng Power) disclosed that it repurchased another 1.00 million ordinary shares on 12 November 2026 through on-market transactions. The shares were bought at prices between HK$3.235 and HK$3.29, for a total consideration of HK$3.25 million, and are earmarked for cancellation.
Including this latest tranche, Tianneng Power has acquired 13.91 million shares since its current buyback mandate was approved on 8 June 2026, equivalent to 1.24% of the company’s issued share capital at the mandate date. All repurchased shares are intended for cancellation; 12.91 million of them were still awaiting cancellation as at the reporting date.
The company’s issued share capital stood unchanged at 1.126 billion shares on 12 November 2026 because the repurchased stock had not yet been cancelled. Upon cancellation, the share count would fall to roughly 1.113 billion, representing a 1.15% reduction.
The board remains authorized to repurchase up to 112.61 million shares under the 2026 mandate. After the cumulative purchases to date, 98.70 million shares—about 87.6% of the mandate—remain available for buyback. In line with Hong Kong listing rules, Tianneng Power is subject to a 30-day moratorium, lasting until 12 December 2026, on issuing new shares or disposing of treasury shares following the latest repurchase.
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