FilingReader Intelligence

China Beststudy bolsters RSU scheme with significant share purchase

November 5, 2025 at 09:39 AM UTCBy FilingReader AI

China Beststudy Education Group announced on November 5, 2025, that its RSU trustee purchased 80,000 shares on the open market for the company's Restricted Share Unit Scheme. This represents approximately 0.01% of the total issued shares as of the announcement date. The average consideration paid per share was HK$5.14, bringing the total consideration to HK$411,200.

Prior to this transaction, the RSU trustee held 106,793,329 shares. Following the purchase, the balance of shares held by the RSU trustee increased to 106,873,329 shares, which includes 30,130,610 vested shares pending transfer to grantees.

The company's board believes the current share price undervalues its business performance and underlying value, presenting an opportunity to address the source of shares for the RSU Scheme. This initiative is seen as a strategy to attract talent, align employee interests with shareholders, and create long-term value, with the company's financial position enabling 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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