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China Beststudy Education Group ( (HK:3978) ) has issued an announcement.
China Beststudy Education Group announced the purchase of 35,000 shares as part of its Restricted Share Unit (RSU) Scheme, which was initially adopted in December 2018. The board believes the current share price undervalues the company’s performance and sees this as an opportunity to align employee interests with those of the company, attract talent, and create shareholder value. The financial position of the company supports this purchase without hindering its sustainable 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 in 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: 1,528,431
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.19B
For an in-depth examination of 3978 stock, go to TipRanks’ Overview page.