TIANGE completes HK$0.18 million on-market share repurchase, outstanding shares trimmed to 1.11 billion

Bulletin Express
Jul 30

Tian Ge Interactive Holdings Limited (TIANGE) disclosed a next-day return detailing an on-market share repurchase conducted on 30 July 2026. Key points are as follows:

• Transaction size and pricing: 287,000 ordinary shares were bought back on the Stock Exchange of Hong Kong at prices ranging from HK$0.61 to HK$0.63, giving a volume-weighted average outlay of HK$0.6246 per share. Aggregate consideration reached HK$179,270, or approximately HK$0.18 million.

• Impact on share capital: The buyback reduced the company’s issued share count (excluding treasury shares) from 1,107.25 million to 1,106.96 million, representing a 0.026% contraction. Concurrently, treasury shares rose from 2.14 million to 2.43 million. Total issued shares remained unchanged at 1,109.39 million.

• Mandate utilisation: The purchases were executed under a shareholder mandate approved on 29 May 2026, which authorises the company to repurchase up to 110.94 million shares. Cumulative repurchases since the mandate now stand at 2.43 million shares, equivalent to 0.22% of the shares outstanding as at the mandate date.

• Post-repurchase restrictions: In accordance with Hong Kong listing rules, TIANGE is subject to a moratorium on issuing new shares or transferring treasury shares until 29 August 2026.

All buybacks were confirmed as fully compliant with the Main Board Listing Rules and relevant regulatory requirements, with the purchased shares retained as treasury shares rather than cancelled.

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