China Beststudy Education Group (Beststudy Edu) disclosed a small-scale share repurchase conducted on 16 September 2026.
The company bought back 60,000 ordinary shares on the Hong Kong Stock Exchange at prices ranging between HKD 2.275 and HKD 2.300 per share, resulting in a volume-weighted average cost of HKD 2.295. The aggregate consideration amounted to HKD 0.14 million.
Post-transaction, the number of issued shares (excluding treasury shares) decreased marginally by 0.0071 % to 847.16 million, while the repurchased shares were retained as treasury shares. Total issued shares, including treasury stock, remained unchanged at 847.22 million.
The buyback was executed under the repurchase mandate approved by shareholders on 6 May 2026, which authorises the company to repurchase up to 84.72 million shares. As of 16 September 2026, 60,000 shares—equivalent to 0.0071 % of the shares outstanding at the time of mandate approval—have been repurchased under this authorisation.
In accordance with Hong Kong Stock Exchange rules, Beststudy Edu faces a moratorium on issuing new shares or disposing of treasury shares until 16 October 2026.