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China Beststudy Education Group ( (HK:3978) ) just unveiled an update.
China Beststudy Education Group announced a voluntary purchase of 252,000 shares under its restricted share unit (RSU) scheme, representing approximately 0.03% of its issued shares. The company believes its current share price undervalues its business performance and sees this purchase as a strategic move to align employee interests with company goals, attract talent, and create shareholder value, while maintaining its financial stability.
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 within the education industry. It focuses on providing educational services and products, with a market presence that involves engaging stakeholders through share incentive schemes.
Average Trading Volume: 1,472,547
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.59B
For detailed information about 3978 stock, go to TipRanks’ Stock Analysis page.