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Scholar Education Group ( (HK:1769) ) has issued an update.
Scholar Education Group has continued to use its share award scheme as a tool to align management and participants with shareholder interests, reflecting its belief that the market undervalues its educational business. The company remains focused on long-term growth, signaling that it will keep monitoring market conditions and may direct further share purchases to support the scheme and reinforce confidence in its prospects.
On 23 April 2026, the scheme trustee purchased 300,000 shares on the market at an average price of about HK$1.71, representing roughly 0.045% of shares outstanding and a total consideration of approximately HK$513,000. Following this transaction, the trustee holds 9,402,000 shares, or about 1.40% of the company, and the board will decide at its discretion how and when to award these shares to selected participants under the scheme.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed provider of education services, operating under a share award scheme to incentivize selected participants, likely including key employees and management. The company views its current share price as undervaluing its underlying business, indicating confidence in its long-term outlook and prospects within the education sector.
Average Trading Volume: 868,471
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.14B
For detailed information about 1769 stock, go to TipRanks’ Stock Analysis page.