China Beststudy boosts RSU scheme with HK$641,750 share purchase
On November 11, 2025, China Beststudy Education Group announced a significant purchase of 124,000 shares on the open market for its RSU Scheme. This acquisition, representing approximately 0.01% of total issued shares, involved a total consideration of HK$641,750, with an average cost of approximately HK$5.18 per share. Following this transaction, the RSU trustee now holds 106,998,919 shares, up from 106,874,919 shares prior to the purchase. This balance includes 30,130,200 vested shares awaiting transfer to grantees.
The company's board believes the current share price undervalues its business performance and underlying value, presenting a timely opportunity to source shares for the RSU Scheme. This initiative is designed to attract and retain talent, foster alignment between key employees and the company’s objectives, and ultimately create value for all shareholders.
The RSU Scheme, adopted on December 3, 2018, is integral to the company's strategy for sustainable development. 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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