Tianli International Holdings Limited (01773) plans to conduct share buybacks on the market.

TIANLI INT HLDG (01773) announced that it intends to exercise the general mandate (repurchase authorization) granted by the shareholders at the annual general meeting of the company held on January 28, 2026, to repurchase the company's shares. Under the repurchase authorization, the company is allowed to repurchase up to 10% (maximum of 209 million shares) of the total number of issued shares at the annual general meeting (excluding 13.27 million shares not yet canceled by the company at the time of the shareholder resolution at the annual general meeting and 3.6 million shares repurchased by the company as treasury shares). To promote the sustainable operation and development of the company, safeguard the long-term interests of investors, and maximize shareholder value, the board of directors has decided that from the date of this announcement until the end of the next annual general meeting of the company (when the repurchase authorization will expire) or during the period when shareholders revoke or amend the repurchase authorization at a shareholders' meeting, the company will, based on market conditions and the repurchase authorization, utilize up to a maximum of HK$200 million to repurchase shares on the open market (share repurchase plan), with the actual repurchase price of each share not exceeding 5% (including this percentage) of the average closing price of the shares in the five trading days immediately preceding each repurchase. The board of directors believes that the share repurchase plan is in the overall best interests of the company and its shareholders.