Scholar Education Group (HK:1769) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Scholar Education Group has announced the on-market purchase of 1.38 million shares, representing approximately 0.248% of the company, at an average price of HK$4.69, as part of its share award scheme. The company believes the current share price undervalues its performance and sees this as an opportune time for the share purchase. The Board remains confident in the business’s outlook and plans to continue monitoring market conditions for future purchases under the scheme.
For further insights into HK:1769 stock, check out TipRanks’ Stock Analysis page.