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China Beststudy Education Group ( (HK:3978) ) has issued an announcement.
China Beststudy Education Group announced the purchase of 42,000 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 the purchase is a strategic move to attract talent and align employee interests with those of the company, while maintaining sustainable business 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 is a company incorporated in the Cayman Islands, operating in the education sector. The company focuses on providing educational services and has implemented a restricted share unit plan to incentivize and align the interests of its key employees with the company’s growth and shareholder value.
Average Trading Volume: 1,593,295
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.8B
For an in-depth examination of 3978 stock, go to TipRanks’ Overview page.