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China Beststudy buys back shares for RSU scheme

December 11, 2025 at 10:00 AM UTCBy FilingReader AI

On December 11, 2025, China Beststudy Education Group announced the purchase of 60,000 shares on the open market for its restricted share unit (RSU) scheme. This share purchase represents approximately 0.01% of the total issued shares. The average consideration per share was approximately HK$4.23, leading to a total consideration of HK$253,960 for this transaction.

Following this purchase, the RSU trustee now holds 108,260,659 shares, up from 108,200,659 shares prior to the acquisition. This balance includes 29,692,940 vested shares pending transfer to grantees. The company’s board believes the current share price undervalues its business and prospects, seeing this as an opportunity to attract talent and align employee interests with shareholder value.

The company's robust financial position enables it to undertake the share purchase while ensuring sustainable business development. The board will continue to review and determine future RSU awards and additional share purchases from the market in compliance with listing rules.

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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