17 September 2026 – China Starch Holdings Limited reported the on-market repurchase of 8.00 million ordinary shares at prices between HKD0.179 and HKD0.18 per share, for a total consideration of HKD1.44 million. The volume-weighted average price of the transaction was approximately HKD0.1799.
Following the buyback, the company’s issued share capital (excluding treasury shares) fell to 5.73 billion from 5.74 billion, a reduction of 0.14%. Treasury shares increased to 79.26 million from 71.26 million, while total issued shares remained unchanged at 5.81 billion, as the repurchased stock is being held in treasury.
The purchase forms part of a mandate approved on 12 May 2026 authorising the company to buy back up to 596.45 million shares. Including the latest transaction, China Starch has repurchased 209.36 million shares under this mandate, representing 3.51% of the company’s issued share base on the mandate approval date.
Under Hong Kong Stock Exchange rules, the company is restricted from issuing new shares or disposing of treasury shares for 30 days following the repurchase, setting a moratorium until 17 October 2026. Management confirmed that the transaction complied with all applicable HKEX regulations and that no material changes have been made to the previously published explanatory statement.
Comments