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Scholar Education Group ( (HK:1769) ) has shared an update.
Scholar Education Group has disclosed that the trustee of its share award scheme purchased 314,000 shares on the market on 27 April 2026, representing about 0.047% of its issued share capital, at an average price of roughly HK$1.65 per share. Following this transaction, the trustee holds 9,916,000 shares, or about 1.47% of the company, which will be used to reward selected participants under the scheme.
The board described the current share price as significantly undervaluing the company’s underlying value and sees the repurchases as an opportunity to accumulate stock for future awards while signaling confidence in its business outlook. Management indicated it will continue to monitor market conditions and may instruct further purchases for the scheme, with the board retaining full discretion over the number of awards and vesting conditions, underscoring its focus on employee incentives and shareholder alignment.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider focused on delivering after-school and related educational programs in mainland China. The company operates under a share award scheme to incentivize key participants and align their interests with the group’s long-term development and market performance.
Average Trading Volume: 794,348
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.12B
Find detailed analytics on 1769 stock on TipRanks’ Stock Analysis page.