• Completed selective buyback of 18 million shares, representing 12.5% of issued capital
• Buyback price of $0.55 per share, for total consideration of $9.9 million
• Buyback funded from existing cash reserves, expected to be earnings per share accretive

EDU Holdings Limited (ASX:EDU) has completed the selective buyback of 18,000,000 fully paid ordinary shares, representing 12.5% of the Company's issued share capital prior to completion. The buyback was approved by shareholders at the Extraordinary General Meeting held on 12 February 2026. The buyback price was $0.55 per share, for total consideration of $9.9 million, funded from the Company's existing cash reserves. The selective buybacks form part of EDU's disciplined capital management strategy, with the reduction in shares on issue expected to be immediately earnings per share accretive. Following completion of the buybacks, the shares have been cancelled, and the Company now has 125,931,874 ordinary shares on issue. EDU continues to maintain a strong balance sheet, with cash at bank of $32.7 million and no debt as at 31 January 2026. On a pro forma basis, reflecting completion of the selective buybacks, cash at bank as at 31 January 2026 was $22.8 million.