FilingReader Intelligence

China Beststudy Education boosts RSU scheme with new share purchase

November 21, 2025 at 05:02 PM UTCBy FilingReader AI

On November 21, 2025, China Beststudy Education Group's RSU trustee completed a purchase of 100,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This acquisition, representing approximately 0.01% of total issued shares, involved an average consideration of HK$4.84 per share, totaling HK$484,340. Following this transaction, the RSU trustee now holds 107,178,919 shares, including 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. This presents an opportune moment to bolster the RSU Scheme, aiming to attract talent, align employee interests with shareholder value, and capitalize on the company's strong business outlook and prospects.

The RSU Scheme, adopted on December 3, 2018, empowers the board to periodically review and determine the number of RSUs to be awarded and shares to be purchased, subject to Listing Rules requirements. This strategic purchase underscores the company's financial stability and commitment to sustainable growth.

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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