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China Beststudy Education Group ( (HK:3978) ) just unveiled an announcement.
China Beststudy Education Group has announced the purchase of 68,000 shares on the open market as part of its Restricted Share Unit (RSU) Scheme. The board believes the current share price undervalues the company’s business performance and sees this as an opportunity to align employee interests with those of the company, attract talent, and create value for shareholders. This move reflects the company’s confidence in its business outlook and its ability to maintain sustainable development.
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 listed on the Hong Kong Stock Exchange.
Average Trading Volume: 1,697,581
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.77B
See more insights into 3978 stock on TipRanks’ Stock Analysis page.