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Scholar Education Group ( (HK:1769) ) has provided an update.
Scholar Education Group has reported another on-market share purchase under its existing share award scheme, with a trustee acquiring 318,000 shares on 29 April 2026 at an average price of about HK$1.63, representing roughly 0.047% of its issued share capital. Following the transaction, the trustee holds 10,383,000 shares, or around 1.54% of the company, to be used for future awards to selected participants under the scheme.
The board reiterated its view that the current share price significantly undervalues the company’s underlying value and described the purchase as a strategic opportunity to accumulate shares for incentive distribution. Management signalled confidence in the business outlook and indicated it will monitor market conditions and continue to direct further share purchases for the scheme, while retaining full discretion over the size and vesting terms of future awards to employees and other eligible participants.
More about Scholar Education Group
Scholar Education Group is a Cayman Islands-incorporated education services company listed in Hong Kong, focusing on after-school and related educational offerings in the Chinese market. The group targets students through structured programmes and has implemented an equity-based incentive framework to attract and retain key personnel and align their interests with long-term corporate performance.
Average Trading Volume: 673,962
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.09B
See more data about 1769 stock on TipRanks’ Stock Analysis page.