China Starch buys back 1.25 million shares; outstanding cancellations rise to 110.72 million (1.86% of share capital)

Bulletin Express07-03

China Starch Holdings Limited disclosed a further on-market repurchase of 1.25 million ordinary shares on 3 July 2026 at HKD 0.160–0.162 per share, for a total consideration of HKD 0.20 million.

Including this latest transaction, the company has accumulated 110.72 million shares pending cancellation since 24 March 2026. The aggregate represents approximately 1.86% of China Starch’s existing 5.96 billion issued shares (excluding treasury shares).

Key data from the filing:

• Latest purchase (3 July 2026): – Volume: 1.25 million shares – Average price: HKD 0.1616 – Total cost: HKD 0.20 million

• Share capital: – Opening and closing issued shares (2–3 July 2026): 5.96 billion – Treasury shares: nil

• Cumulative repurchases awaiting cancellation (24 Mar–3 Jul 2026): 110.72 million shares.

• Repurchase mandate: – Authorised (12 May 2026): 596.45 million shares – Utilised to date: 86.82 million shares (1.46% of issued shares on mandate date).

A 30-day moratorium on new share issues or treasury-share disposals runs through 2 August 2026, in line with Hong Kong Stock Exchange requirements. All buybacks were executed on the Exchange and complied with the prevailing Main Board Rules.

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