TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Beststudy Education Group ( (HK:3978) ) has provided an announcement.
China Beststudy Education Group announced a voluntary purchase of 50,000 shares on the open market as part of its Restricted Share Unit (RSU) Scheme. The board believes the current share price undervalues the company’s performance and sees this as an opportunity to align employee interests with the company’s goals, attract talent, and enhance shareholder value. The company remains confident in its business outlook and financial position, allowing for sustainable development while implementing the share purchase.
The most recent analyst rating on (HK:3978) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on China Beststudy Education Group stock, see the HK:3978 Stock Forecast page.
More about China Beststudy Education Group
China Beststudy Education Group operates in the education industry, focusing on providing educational services and products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,550,406
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.62B
Find detailed analytics on 3978 stock on TipRanks’ Stock Analysis page.