China Beststudy repurchases shares under RSU scheme
China Beststudy Education Group (HKEX:3978) announced that its RSU trustee purchased 68,000 shares on the open market on June 16, 2025, for the purpose of the company's RSU Scheme. The share purchase represents approximately 0.01% of the issued shares. The average consideration per share was HK$4.95, totaling a consideration of HK$336,600. Following the purchase, the balance of shares held by the RSU trustee increased to 107,398,219 shares. The company's board believes the current share price undervalues the company, making the repurchase a strategic move to enhance shareholder value and attract talent. The Board will continue to review and determine the number of RSUs awarded and shares to be purchased under the RSU Scheme.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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