Tianli International Launches HK$200 Million On-Market Share Buyback Plan
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Tianli International Holdings Limited has announced a voluntary on-market share buyback plan, allowing the repurchase of up to 10% of its issued share capital, or 209,242,800 shares, with a budget of HK$200 million. The buyback price will not exceed 5% above the average closing price over the last five trading days. This initiative aims to support sustainable operations, protect long-term investor interests, and enhance shareholder value, while maintaining the required public float. The timing and scale of repurchases will depend on market conditions.
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