China Starch logs 35.09 million-share buyback pending cancellation while issued capital stays at 5.96 billion

Bulletin Express05-21

China Starch Holdings Limited (China Starch) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 21 May 2026, confirming that its issued ordinary share count remained unchanged at 5.96 billion as at the same date and that no treasury shares were outstanding.

Between 24 March and 21 May 2026, the company repurchased 35.09 million shares that have not yet been cancelled. This volume equals about 0.59 % of the current issued share base and will reduce the outstanding share capital once cancellation is completed.

The latest on-market transaction occurred on 21 May 2026, when China Starch bought back 3.19 million shares at prices ranging from HKD 0.169 to HKD 0.175 per share, for a total consideration of HKD 0.55 million. Cumulative buy-backs under the current mandate granted on 12 May 2026 now stand at 11.19 million shares, representing 0.19 % of the issued share capital on the mandate date.

The mandate allows the company to repurchase up to 596.45 million shares, and, in line with Main Board rules, China Starch is subject to a moratorium on new share issues or treasury-share sales until 20 June 2026.

Upon formal cancellation of the repurchased shares, the issued share count will be reduced accordingly, further tightening the company’s free float.

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