Virscend Edu buys back 1.65 million shares for HKD 0.32 million, treasury stock rises to 41.57 million

Bulletin Express
Jul 24

Virscend Edu (Virscend Education Company Limited) disclosed that it repurchased 1.65 million ordinary shares on 24 July 2026 through on-market transactions on the Hong Kong Stock Exchange. The shares were acquired at prices ranging between HKD 0.189 and HKD 0.194, for an aggregate consideration of HKD 0.32 million.

Following the transaction, the company’s issued share capital (excluding treasury shares) fell by 0.05% to 3.05 billion shares, while the total number of treasury shares increased from 39.92 million to 41.57 million. Total issued shares, including treasury holdings, remained unchanged at 3.09 billion.

The repurchase forms part of the mandate approved on 23 January 2026 that authorises the company to buy back up to 308.88 million shares. To date, 41.57 million shares—equivalent to 1.35% of the outstanding shares at the time of mandate approval—have been repurchased under this authority.

In line with Hong Kong Stock Exchange regulations, Virscend Edu is subject to a 30-day moratorium, expiring on 23 August 2026, during which it cannot issue new shares or dispose of treasury shares without prior exchange approval.

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