China Sanjiang buys back 2.00 million shares for HK$8.25 million; cumulative repurchases reach 6.50 million shares since September 2025

Bulletin Express05-26

China Sanjiang Fine Chemicals Company Limited disclosed on 26 May 2026 that it repurchased 2.00 million ordinary shares on the Hong Kong Stock Exchange the same day. The shares were bought at prices ranging from HK$3.83 to HK$4.21, with a volume-weighted average cost of HK$4.12 per share, bringing the total cash consideration to HK$8.25 million.

The latest transaction lifts total buybacks under the current mandate to 6.50 million shares since September 2025. This figure represents 0.55% of the 1.19 billion issued shares outstanding when the mandate was approved on 22 May 2026. The company remains authorised to repurchase up to 112.50 million additional shares before exhausting the 119.00 million-share limit.

All 6.50 million repurchased shares, including the most recent tranche, are earmarked for cancellation. Following the 26 May transaction, the company’s issued share capital stands unchanged at 1.19 billion shares, as the cancellation has not yet taken effect.

Under Hong Kong listing rules, China Sanjiang is subject to a moratorium on issuing new shares or selling treasury shares until 25 August 2026.

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