China Starch Executes HKD 1.23 Million On-Market Buyback, Treasury Shares Rise to 154.75 Million

Bulletin Express
10/21

On 21 October 2026, China Starch Holdings Limited (China Starch) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange detailing a fresh share repurchase and the resulting changes to its capital structure.

China Starch bought back 7.26 million ordinary shares on-market at prices between HKD 0.168 and HKD 0.17 per share, for a volume-weighted average cost of HKD 0.1692. The transaction totaled HKD 1.23 million and represented 0.13 % of the company’s 5.66 billion issued shares (excluding treasury shares) prior to the buyback. All repurchased shares are being held as treasury shares.

Following the transaction, outstanding shares fell to 5.66 billion, while treasury shares increased from 147.49 million to 154.75 million. The total issued share count, inclusive of treasury shares, remained unchanged at 5.81 billion.

The repurchase was executed under the mandate approved on 12 May 2026. Cumulative buybacks under this mandate now stand at 284.85 million shares, equivalent to 4.78 % of the shares outstanding on the mandate date. Under Hong Kong listing rules, China Starch is restricted from issuing new shares or disposing of treasury shares until 20 November 2026.

The company confirmed that the repurchase complied with all Main Board Listing Rules and that there have been no material changes to the explanatory statement filed on 14 April 2026.

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