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Scholar Education Group ( (HK:1769) ) has provided an announcement.
Scholar Education Group has reported that the trustee of its share award scheme purchased 296,000 shares on the open market on 7 May 2026, representing about 0.044% of its issued share capital. Following this transaction, the trustee holds approximately 11.545 million shares, or 1.71% of the company’s total shares, earmarked for distribution to selected participants under the scheme.
The board stated it views the current share price as significantly undervaluing the company’s underlying value and considers the latest purchase a timely opportunity to accumulate shares for future awards. Management reiterated confidence in the company’s business outlook and said it will continue to monitor market conditions and may instruct further share purchases for the incentive scheme at its discretion.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider that operates in the private tutoring and after-school education sector. The company focuses on delivering academic enrichment programs to students in mainland China, positioning itself within a competitive and policy-sensitive segment of the broader education industry.
Average Trading Volume: 632,068
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.03B
For a thorough assessment of 1769 stock, go to TipRanks’ Stock Analysis page.