Techtronic Industries (TTI) Repurchases 88,000 Shares on 9 October; Cumulative 2026 Buybacks Reach 5.15 Million Shares

Bulletin Express
Oct 09

Techtronic Industries Company Limited (TTI) disclosed a new share buyback in its latest Next Day Disclosure Return filed with the Hong Kong Stock Exchange on 9 October 2026. The company purchased 88,000 ordinary shares on-market the same day at prices ranging between HKD 125.20 and HKD 127.50, for a total outlay of HKD 11.16 million. The volume-weighted average purchase price was HKD 126.78.

Including this latest transaction, TTI has executed seven buybacks between 30 September and 9 October, accumulating 523,000 shares—equivalent to about 0.03 % of its 1.83 billion outstanding shares. The combined consideration for these purchases amounts to approximately HKD 67.32 million, based on the volume-weighted average prices disclosed for each trading day.

All repurchased shares are designated for cancellation and have yet to be retired from the register as of 9 October. Consequently, TTI’s issued share capital presently remains unchanged at 1,825.87 million shares.

The repurchases form part of the mandate approved by shareholders on 8 May 2026, which authorises the company to repurchase up to 182.98 million shares. To date, TTI has bought back 5.15 million shares under this mandate, representing 0.28 % of the total shares outstanding at the time the authority was granted. The 30-day moratorium on issuing new shares or selling treasury shares following the 9 October repurchase extends to 8 November 2026.

The board confirms that all repurchases complied with Hong Kong listing rules, relevant laws and the terms of the shareholder-approved mandate.

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