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China Beststudy Group announces share purchase under RSU scheme

June 17, 2025 at 05:04 PM UTCBy FilingReader AI

China Beststudy Education Group announced today that its RSU trustee purchased 37,000 shares on June 17, 2025, on the open market for the purpose of the RSU Scheme, representing approximately 0.004% of the total issued shares. The average consideration per share was HK$4.90, with a total consideration of HK$181,300. This purchase increases the balance of shares held by the RSU trustee to 107,435,219. The board believes the current share price undervalues the company and sees this as an opportunity to address share grants, attract talent, and align employee interests with shareholder value. The company is confident in its business outlook and prospects, and the current financial position supports the share purchase while maintaining sustainable development.

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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