STAR CM (06698) Spends HK$1,289.65 on Share Buyback on September 14

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9 hours ago

STAR CM (06698) has announced that on September 14, 2026, it repurchased 1,400 shares at a total cost of HK$1,289.65, as part of its ongoing share buyback initiative.

The company disclosed the transaction in an official filing, highlighting the modest scale of the buyback, which reflects a per-share price of approximately HK$0.92. This move aligns with STAR CM's broader capital management strategy, though no further details on the rationale were provided in the statement.

Investors often view such repurchases as a signal of management's confidence in the company's valuation, but the small size of this particular buyback suggests a routine treasury operation rather than a major market intervention.

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