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The latest announcement is out from Scholar Education Group ( (HK:1769) ).
Scholar Education Group has expanded its share award scheme by directing its trustee to purchase 625,000 shares on the open market on 18 May 2026, representing about 0.093% of its issued share capital. Following this transaction, the trustee holds 17,013,000 shares, or roughly 2.53% of the company’s shares, earmarked for distribution to selected participants under the scheme.
The board stated that the current share price undervalues the company’s underlying fundamentals and sees the latest purchase as an opportunity to accumulate stock for future awards. Management signaled confidence in the firm’s outlook and indicated it will continue to monitor market conditions and may instruct further share purchases, while retaining discretion over the size and vesting conditions of future awards to participants.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider incorporated in the Cayman Islands, operating in the private education sector. The company focuses on delivering educational programs and related services, and its shares are traded on the Main Board of the Stock Exchange of Hong Kong under stock code 1769.
Average Trading Volume: 871,242
Technical Sentiment Signal: Sell
Current Market Cap: HK$858.1M
For an in-depth examination of 1769 stock, go to TipRanks’ Overview page.