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Scholar Education Group ( (HK:1769) ) just unveiled an announcement.
Scholar Education Group has continued to use its share award scheme to support employee incentives, with a trustee purchasing 428,000 shares on the market on 8 May 2026, representing about 0.064% of its issued share capital. Following this transaction, the trustee holds roughly 11.97 million shares, or 1.78% of the company, earmarked for future distribution to selected participants under the scheme.
The board reiterated that it views the current share price as significantly undervaluing the company’s underlying value, and sees ongoing buybacks for the award scheme as an opportunity to capture this discount. Management signaled confidence in the firm’s business outlook and plans to keep monitoring market conditions and instructing further purchases, while retaining full discretion over how and when these shares will vest for eligible employees.
More about Scholar Education Group
Scholar Education Group is a Cayman Islands–incorporated education services provider listed in Hong Kong, focusing on operating education-related businesses and programs in the region. The company targets students and families seeking supplementary education and leverages equity-based incentives to align staff and management interests with long-term corporate performance.
Average Trading Volume: 634,137
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.03B
See more insights into 1769 stock on TipRanks’ Stock Analysis page.