Beijing Biostar Pharmaceuticals plans open-market buyback of up to 10% of H shares

PUBT·05/07/2026 14:51:21

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Beijing Biostar Pharmaceuticals plans to start on-market repurchases of its H shares, following a board resolution on May 6.
Buybacks would use a shareholder-approved mandate from Aug. 25, 2025, allowing repurchases of up to 10% of H shares outstanding as of that meeting date.
Program remains subject to PRC foreign-exchange remittance clearance, plus shareholder approval for proposed articles-of-association changes related to share repurchases.
Repurchase timing, size, price remain at board discretion, with no assurance any buybacks will occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Biostar Pharmaceuticals Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260507-12152389), on May 07, 2026, and is solely responsible for the information contained therein.

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