China Maple Leaf repurchases shares for cancellation

China Maple Leaf Educational Systems (HKEX:1317) announced on July 4, 2025, that it repurchased 252,000 of its own ordinary shares on the Hong Kong Stock Exchange. These shares are intended for cancellation, reducing the total number of shares outstanding. The shares were bought back at a price of HKD 0.335 per share, resulting in a total expenditure of HKD 84,420. This repurchase is part of a larger mandate authorized on February 21, 2025, which allows the company to repurchase up to 297,159,092 shares. To date, China Maple Leaf has repurchased 39,614,000 shares under this mandate. The company is observing a moratorium period ending August 3, 2025, during which it will not issue new shares or sell treasury shares without prior Exchange approval. Post transaction, the total number of issued shares stands at 2,932,104,920.