China Beststudy Education Group (HK:3978) has released an update.
China Beststudy Education Group has announced the purchase of 124,000 shares under its restricted share unit plan, reflecting confidence in its business potential and a strategy to align employee interests with shareholder value. The board views the current share price as undervaluing the company’s performance, making this an opportune time for such a buyback. This move aims to attract talent while sustaining the company’s development.
For further insights into HK:3978 stock, check out TipRanks’ Stock Analysis page.
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