Kindstar Global Executes HKD 42,664 Share Buyback, Expands Treasury Stock to 8.72 Million Shares

Bulletin Express
Sep 02

Kindstar Globalgene Technology, Inc. repurchased 43,000 ordinary shares on 2 September 2026 through on-market transactions on the Hong Kong Stock Exchange. The shares were bought at prices ranging from HKD 0.975 to HKD 1.000, for a total consideration of HKD 42,664.60, or an average HKD 0.9922 per share.

The transaction reduced the company’s outstanding share count by 0.00416 %, bringing issued shares (excluding treasury shares) to 1.03261 billion. Concurrently, treasury shares increased from 8.68 million to 8.72 million.

The buyback forms part of the mandate approved on 5 June 2026, which authorises up to 103.43 million shares for repurchase. Cumulative repurchases under this mandate now total 1.66 million shares, equivalent to 0.16011 % of the issued share capital on the mandate approval date.

A 30-day moratorium on new share issues or further treasury-share disposals runs until 2 October 2026, in accordance with Hong Kong listing rules.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10