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The latest update is out from Scholar Education Group ( (HK:1769) ).
Scholar Education Group has disclosed that the trustee of its share award scheme purchased 123,000 shares on the open market on April 21, 2026, representing about 0.018% of its issued share capital, at an average price of approximately HK$1.71 per share. Following this transaction, the trustee holds about 8.9 million shares, or 1.32% of the company, with the board stating that the current share price undervalues the business and signalling confidence in its outlook as it plans to continue opportunistic share purchases for future employee awards.
The board will determine, at its discretion, the number of shares and vesting conditions to be granted to selected participants under the scheme, using the repurchased stock to support long-term incentive arrangements. This move underscores management’s strategy of leveraging share awards to incentivize employees while potentially providing support to the company’s share price in the market.
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 group operates in the private education sector, focusing on delivering learning services in mainland China and using equity-based incentives to attract and retain key staff and align them with long-term business performance.
Average Trading Volume: 925,681
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.07B
See more data about 1769 stock on TipRanks’ Stock Analysis page.