Beststudy Education Executes HKD 1.18 Million Share Buyback, Lifting Treasury Stock to 1.70 Million Shares

Bulletin Express
Sep 29

China Beststudy Education Group (“Beststudy Education”) disclosed a further share repurchase on 29 September 2026, strengthening its capital management programme under the current mandate approved on 6 May 2026.

The company acquired 474,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 2.47 and HKD 2.52 per share, for a total consideration of HKD 1.18 million. The volume-weighted average price was roughly HKD 2.50.

Following the transaction: • Issued shares outstanding (excluding treasury shares) decreased to 845.52 million from 845.99 million, a reduction of 0.056%. • Treasury shares rose to 1.70 million from 1.22 million. • Total issued shares remained unchanged at 847.22 million.

Cumulative purchases under the current mandate now stand at 1.70 million shares, utilising 0.20% of the 84.72 million shares authorised for buyback. In line with Hong Kong listing rules, Beststudy Education is subject to a 30-day moratorium—until 29 October 2026—on issuing new shares or selling treasury shares following this on-market repurchase.

Management confirmed that the buyback complied with all relevant listing rules, regulatory requirements and the terms of the shareholders’ mandate.

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