Virscend Education buys back 3.36 million shares at HK$0.20 average, treasury stock rises to 8.58 million

Bulletin Express
07/15

Virscend Education Company Limited reported a share repurchase on 15 July 2026, filing a Next Day Disclosure Return with the Hong Kong Stock Exchange.

The group acquired 3.36 million ordinary shares on-market at prices between HK$0.19 and HK$0.2028 per share, translating into a volume-weighted average cost of HK$0.20145. Aggregate consideration amounted to approximately HK$0.68 million, and the repurchased shares represent 0.11% of the company’s 3.08 billion issued shares outstanding prior to the transaction.

Following completion, Virscend Education’s issued share capital (excluding treasury shares) declined to 3.08 billion shares, while treasury shares increased from 5.22 million to 8.58 million.

The purchases were made under the general mandate approved on 23 January 2026, which allows Virscend Education to repurchase up to 308.88 million shares. Cumulative buybacks under this mandate now total 8.58 million shares, equivalent to 0.28% of the shares in issue on the mandate date. A 30-day moratorium on issuing new shares or disposing of treasury shares remains in effect until 14 August 2026.

All 3.36 million repurchased shares are being retained as treasury shares; none have been cancelled to date.

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