FilingReader Intelligence

China Beststudy Education Group boosts RSU scheme with open market share purchase

December 15, 2025 at 09:51 AM UTCBy FilingReader AI

China Beststudy Education Group announced on December 15, 2025, a voluntary purchase of 50,000 shares on the open market for its Restricted Share Unit (RSU) Scheme. This transaction, executed by the RSU trustee, represents approximately 0.01% of the total issued shares as of the announcement date.

The shares were acquired at an average consideration of HK$4.28 per share, totaling HK$213,760 for the purchase. This acquisition increases the balance of shares held by the RSU trustee from 108,290,659 shares to 108,340,659 shares. Notably, this balance includes 29,687,940 shares that have already vested and are awaiting transfer to the respective grantees.

The board believes the current share price undervalues the company's performance, presenting an opportune moment to provide shares for the RSU Scheme. This strategy aims to attract talent, align employee interests with the company's goals, and maintain sustainable business 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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