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China Beststudy boosts RSU scheme with significant share purchase

November 24, 2025 at 05:02 PM UTCBy FilingReader AI

On November 24, 2025, China Beststudy Education Group announced a voluntary purchase of 50,000 shares on the open market for its RSU Scheme, established on December 3, 2018. The shares were acquired at an average consideration of HK$4.79 per share, totaling HK$239,660. This transaction represents approximately 0.01% of the total issued shares as of the announcement date. Following this purchase, the RSU trustee now holds 107,161,919 shares, an increase from 107,111,919 shares held prior to this latest acquisition.

The company's board believes that 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 intended to attract and retain talent, align employee interests with those of the company, and create value for shareholders, while maintaining sustainable business development.

The board will continue to review and determine, at its discretion, the number of RSUs to be awarded and the associated vesting conditions, as well as the quantity of shares to be purchased from the market under the RSU Scheme, in compliance with 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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