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China Beststudy Education Group ( (HK:3978) ) has issued an announcement.
China Beststudy Education Group has announced the purchase of 37,000 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 business performance and sees this as an opportunity to align employee interests with those of the company, attract talent, and create value for shareholders. The company is confident in its business outlook and financial position to support this strategy.
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: 1,694,230
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.71B
Learn more about 3978 stock on TipRanks’ Stock Analysis page.