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Fenbi Limited Executes Share Purchase Under 2023 RSU Scheme

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Fenbi Limited Executes Share Purchase Under 2023 RSU Scheme

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The latest update is out from Fenbi Limited ( (HK:2469) ).

Fenbi Limited announced the purchase of 3,250,000 shares from the market as part of its 2023 Restricted Share Unit Scheme, which aims to benefit eligible participants. This move represents approximately 0.15% of the company’s total shares in issue, with a total consideration of approximately HK$9,006,900. The scheme, adopted on June 14, 2023, has granted 63,051,700 restricted share units to 5,302 eligible participants, highlighting Fenbi’s commitment to incentivizing its stakeholders and potentially strengthening its market position.

The most recent analyst rating on (HK:2469) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on Fenbi Limited stock, see the HK:2469 Stock Forecast page.

More about Fenbi Limited

Fenbi Limited is a company incorporated in the Cayman Islands, operating in the education and technology industry. It focuses on providing educational services and products, with a market presence indicated by its listing on the Hong Kong Stock Exchange under stock code 2469.

Average Trading Volume: 47,378,748

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.6B

See more data about 2469 stock on TipRanks’ Stock Analysis page.

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