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An announcement from China Beststudy Education Group ( (HK:3978) ) is now available.
China Beststudy Education Group announced the purchase of 238,000 shares on the open market as part of its restricted share unit (RSU) scheme. This move is seen as a strategic effort to address the undervaluation of the company’s shares, align the interests of key employees with the company, and attract talent. The board believes that the company’s current financial position supports this purchase while maintaining sustainable business development.
The most recent analyst rating on (HK:3978) stock is a Hold with a HK$5.00 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 within the education industry, focusing on providing educational services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,481,972
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.58B
For a thorough assessment of 3978 stock, go to TipRanks’ Stock Analysis page.