Kindstar Global trims free float with minor HK$2,925 share buyback

Bulletin Express
Jul 06

Kindstar Globalgene Technology, Inc. (Kindstar Global) disclosed a small on-market share repurchase in its latest Next Day Disclosure Return dated 6 July 2026.

The company bought back 3,000 ordinary shares on the Hong Kong Stock Exchange at prices between HK$0.97 and HK$0.99, paying a total of HK$2,925. All repurchased shares are being held in treasury.

Following the transaction, Kindstar Global’s issued share capital (excluding treasury shares) declined marginally by 0.00029 % to 1,033,839,640 shares. Treasury stock increased to 7,487,000 shares, while total issued shares remained unchanged at 1,041,326,640.

The repurchase forms part of a mandate approved on 5 June 2026 that authorises buybacks of up to 103.43 million shares. Cumulative purchases under this mandate now stand at 423,000 shares, representing 0.0409 % of the company’s issued shares at the mandate date.

In accordance with Hong Kong listing rules, Kindstar Global is subject to a moratorium on new share issues or treasury share sales until 5 August 2026. The filing, signed by Executive Director and CFO Chai Haijie, confirms the buybacks complied with regulatory requirements and that no material changes have been made to the explanatory statement filed on 24 April 2026.

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