China Beststudy bolsters RSU scheme with HK$212,520 share purchase
China Beststudy Education Group announced on October 10, 2025, that its RSU trustee purchased 42,000 shares on the open market for its RSU Scheme. The shares were acquired at an average consideration of HK$5.06 per share, totaling HK$212,520. This purchase represents approximately 0.005% of the total issued shares as of the announcement date.
Following this transaction, the balance of shares held by the RSU trustee increased from 106,405,329 shares to 106,447,329 shares. This balance includes 30,347,610 vested shares pending transfer to grantees. The board believes the current share price undervalues the company's performance, presenting an opportunity to source shares for the RSU Scheme and attract talent.
The company's board will continue to review and determine RSU awards and further share purchases under the scheme, subject to Listing Rule compliance. The executive directors are Mr. Junjing Tang, Mr. Junying Tang, Mr. Gui Zhou, and Ms. Weiying Guan, with Mr. Junjing Tang also serving as chairman and chief executive.
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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