China Starch Holdings Limited disclosed on 26 May 2026 that its issued share capital remains unchanged at 5.96 billion ordinary shares, with no treasury shares on hand. The company has, however, been active in the market, buying back a total of 39.89 million shares for cancellation between 24 March and 26 May 2026.
Key take-aways
1. Latest transaction • Date: 26 May 2026 • Volume: 2.30 million shares • Price range: HKD 0.165–0.168 per share • Consideration: HKD 0.39 million
2. Cumulative repurchases awaiting cancellation (24 Mar–26 May 2026) • Total shares: 39.89 million, equal to approximately 0.67 % of the current issued shares • Estimated aggregate consideration: about HKD 7.20 million, implying a volume-weighted average cost of roughly HKD 0.18 per share
3. 2026/27 share-buyback mandate • Mandate approved: 12 May 2026 • Authorised limit: 596.45 million shares • Shares repurchased under this mandate to date: 15.99 million, utilising 0.27 % of the authorised quota • 30-day moratorium on new share issues or treasury share sales in force until 25 June 2026 following the latest buyback
Capital structure • Issued shares (post-transaction): 5,964.49 million • Treasury shares: None • All repurchased shares are scheduled for cancellation and therefore remain included in the issued share figure until cancellation is completed.
Implications The ongoing buy-back programme has had no immediate effect on the headline share count but signals management’s continued deployment of capital to repurchase shares at an average price of about HKD 0.18. The cumulative repurchases represent less than 1 % of the company’s issued share base, leaving substantial capacity—approximately 556.56 million shares—still available under the current mandate.
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