FilingReader Intelligence

China Beststudy Education Group buys back shares

June 19, 2025 at 05:05 PM UTCBy FilingReader AI

China Beststudy Education Group announced today that its RSU trustee purchased 180,000 shares on June 19, 2025, for the purpose of the company's RSU Scheme. The shares were acquired on the open market at an average price of HK$4.75, totaling a consideration of HK$855,000. This purchase represents approximately 0.02% of the total issued shares. Following the purchase, the balance of shares held by the RSU trustee is 107,622,219 shares. The board believes the current share price undervalues the company, making this a good opportunity to bolster share value, attract talent, and align employee interests. The company's financial position supports the 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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