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Scholar Education Group ( (HK:1769) ) just unveiled an announcement.
Scholar Education Group has disclosed that the trustee of its share award scheme purchased 868,000 shares on the market on 21 May 2026, representing about 0.129% of its issued share capital, at an average price of approximately HK$1.31 per share. Following this transaction, the trustee holds 19,481,000 shares, or about 2.89% of the company, in trust for selected participants under the scheme.
The board reiterated its view that the current share price significantly undervalues the company’s underlying value, framing the latest buy as an opportunity to accumulate stock for future awards and signaling confidence in its business outlook. Management plans to continue monitoring market conditions and may instruct further purchases for the scheme, while retaining full discretion over the number of shares and vesting conditions granted to participants, which could influence employee incentives and shareholder dilution over time.
More about Scholar Education Group
Scholar Education Group is a Cayman Islands-incorporated company listed in Hong Kong and engaged in the education sector, focusing on providing educational services in the Chinese market. The group operates under a structure that allows it to implement equity-based incentive schemes to attract and retain key talent and align management interests with shareholders.
Average Trading Volume: 944,472
Technical Sentiment Signal: Sell
Current Market Cap: HK$858.1M
For a thorough assessment of 1769 stock, go to TipRanks’ Stock Analysis page.