Beststudy Education Repurchases 388,000 Shares, Outstanding Float Slips to 844.67 Million

Bulletin Express10-15

China Beststudy Education Group (Beststudy Education) executed an on-market share buyback on 15 October 2026, repurchasing 388,000 ordinary shares at prices ranging between HKD 2.34 and HKD 2.415. The transaction cost HKD 0.93 million, implying a volume-weighted average price of HKD 2.39 per share.

Following the buyback, the company’s issued share capital (excluding treasury shares) fell 0.05% to 844.67 million shares, down from 845.06 million on 14 October 2026. Treasury shares increased from 2.16 million to 2.55 million, while the total issued share count remained unchanged at 847.22 million.

The repurchase was conducted under the mandate approved by shareholders on 6 May 2026, which authorises the company to buy back up to 84.72 million shares. Cumulative repurchases under this mandate now stand at 2.55 million shares, representing 0.30% of the share base at the mandate date. In line with Hong Kong Stock Exchange regulations, Beststudy Education is subject to a 30-day moratorium—ending 14 November 2026—on issuing new shares or disposing of treasury shares.

Director Junjing Tang confirmed that the repurchase complied with all relevant listing rules and regulatory requirements.

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