Fenbi (HKG:2469) said its trustee purchased 3.25 million shares from the market between Oct. 28 and Oct. 31 under its 2023 restricted share unit scheme, according to a Thursday Hong Kong bourse filing.

The shares, bought at an average price of about HK$2.77 each, represent about 0.15% of the company's issued share capital and amounted to a total consideration of around HK$9 million.

Following the purchases, the trustee holds 39.3 million shares on trust for the scheme.

As of Oct. 31, Fenbi had granted 63.1 million RSUs to 5,302 participants under the 2023 plan, the filing said.