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

Bulletin Express
Jul 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10