FilingReader Intelligence

China Beststudy Education Group buys back shares under RSU scheme

October 21, 2025 at 05:00 PM UTCBy FilingReader AI

On October 21, 2025, China Beststudy Education Group's RSU trustee acquired 101,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This purchase, representing approximately 0.01% of the company's total issued shares, involved a total consideration of HK$543,380 at an average price of HK$5.38 per share. Following this transaction, the RSU trustee now holds a total of 106,840,329 shares, an increase from the 106,739,329 shares held prior to this purchase.

The company's board believes the current share price undervalues its business performance and underlying worth, presenting an opportunity to address the source of shares granted under the RSU Scheme. This strategy aims to attract talent, promote alignment of employee and company interests, and create value for shareholders, while maintaining the company's sustainable development.

The RSU Scheme, adopted on December 3, 2018, allows for the purchase of shares from the market. The board will continue to review and determine the number of RSUs to be awarded and shares to be purchased, subject to Listing Rules requirements.

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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