China Starch adds 2.50 million-share on-market buyback; 37.59 million shares now pending cancellation

Bulletin Express05-22

China Starch Holdings Limited disclosed on 22 May 2026 that its issued share capital remains unchanged at 5.96 billion ordinary shares. No new shares were issued or cancelled during the period under review.

The company continued its share-repurchase programme. On 22 May 2026 it bought back 2.50 million shares on the Hong Kong Stock Exchange at HK$0.169–0.171 per share, spending HK$0.42 million. All of these shares are earmarked for cancellation.

Including this latest transaction, China Starch has accumulated 37.59 million shares for cancellation between 24 March and 22 May 2026. The outstanding repurchased shares represent roughly 0.63 % of the current issued share base.

A refreshed buyback mandate approved on 12 May 2026 authorises the company to repurchase up to 596.45 million shares. Since that mandate was granted, 13.69 million shares (0.23 % of issued shares at the mandate date) have been repurchased on the market.

Under Hong Kong Listing Rule 10.06(3)(a), the company is restricted from issuing new shares or disposing of treasury shares until 21 June 2026. The disclosure was signed by Company Secretary Leung Siu Hong.

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