Virscend Education Buys Back 2.85 Million Shares, Treasury Stock Rises to 5.22 Million

Bulletin Express
07/14

Virscend Education Company Limited reported a new share repurchase conducted on 14 July 2026, acquiring 2.85 million ordinary shares on the Hong Kong Stock Exchange at a volume-weighted average price of HKD 0.20346 per share. The transaction cost totalled HKD 0.58 million.

Following the buyback: • Issued shares outstanding (excluding treasury shares) fell 0.09% to 3.08 billion. • Treasury shares increased from 2.37 million to 5.22 million. • Total issued shares remained unchanged at 3.09 billion, as the repurchased shares are being held in treasury and have not been cancelled.

Repurchase mandate utilisation The current mandate, approved on 23 January 2026, allows for up to 308.88 million shares to be repurchased. Including the latest transaction, Virscend Education has bought back 5.22 million shares, representing 0.17% of the share count on the mandate date.

Pricing details During the 14 July trade, the highest price paid per share was HKD 0.204 and the lowest was HKD 0.203.

Post-repurchase restrictions Under Hong Kong Listing Rules, the company is restricted from issuing new shares or disposing of treasury shares until 13 August 2026.

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