Tengen Electric announced that its board of directors approved the repurchase of shares using its own funds through centralized bidding, with a repurchase amount of no less than 75 million yuan and no more than 150 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives. As of September 30, 2026, the company has repurchased a total of 12.3836 million shares, accounting for 2.46% of its total share capital, with a total amount paid of 86.6067 million yuan, and the repurchase price range was 5.95 yuan to 7.55 yuan per share.
Zhejiang Tengen Electrics Co LtdTengen Electric repurchased 12.3836 million shares for 86.6067 million yuan under a board-approved buyback for employee stock ownership/equity incentives.
