China Sanjiang Fine Chemicals Company Limited (China Sanjiang) disclosed that it repurchased 1.00 million ordinary shares on 28 May 2026 via on-market transactions at prices between HKD 3.50 and HKD 3.64 per share. The volume-weighted average price was HKD 3.58, bringing total cash outlay to HKD 3.58 million.
Following the transaction, China Sanjiang’s issued share capital remains unchanged at 1.19 billion shares because the repurchased shares—earmarked for cancellation—had not yet been cancelled as of the reporting date. Treasury shares outstanding were nil.
Cumulative buybacks not yet cancelled now stand at 7.50 million shares, equivalent to 0.63% of the company’s share base at the time the current repurchase mandate was approved on 22 May 2026. The mandate authorises repurchases of up to 119.00 million shares; therefore, 111.50 million shares remain available under the current authority.
Under Hong Kong Stock Exchange rules, China Sanjiang is restricted from issuing new shares or selling treasury shares for 30 days following the latest buyback, setting a moratorium period that extends to 27 August 2026.
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