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An announcement from China Beststudy Education Group ( (HK:3978) ) is now available.
China Beststudy Education Group announced the purchase of 100,000 shares on the open market as part of its Restricted Share Unit (RSU) Scheme. The board believes the current share price undervalues the company, and this move is aimed at aligning the interests of key employees with the company, thus creating value for shareholders. The purchase reflects confidence in the company’s business outlook and serves as a strategy to attract talent while maintaining sustainable development.
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 publicly traded on the Hong Kong Stock Exchange.
Average Trading Volume: 1,566,077
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.7B
For a thorough assessment of 3978 stock, go to TipRanks’ Stock Analysis page.