Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Scholar Education Group ( (HK:1769) ) has issued an announcement.
Scholar Education Group has disclosed that the trustee of its share award scheme bought 229,000 shares on the market on 13 April 2026, representing about 0.034% of its issued share capital, at an average price of roughly HK$1.61. Following this transaction, the trustee holds 7,377,000 shares, or around 1.09% of the company, to be used for future awards to selected participants under the scheme.
The board stated that the current share price significantly undervalues the company’s underlying value and described the purchase as an opportunity to accumulate shares for incentive purposes. Management signaled confidence in the group’s business outlook and indicated it will continue to monitor market conditions and instruct further purchases for the scheme at its discretion, potentially reinforcing alignment between staff incentives and shareholder interests.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider incorporated in the Cayman Islands and traded under stock code 1769. The company operates in the private education sector, using equity-based incentive schemes to attract and retain key talent as part of its long-term growth strategy.
Average Trading Volume: 951,857
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.06B
For an in-depth examination of 1769 stock, go to TipRanks’ Overview page.