Scholar Education Group (HK:1769) has released an update.
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Scholar Education Group has actively acquired 1.54 million of its shares on the market, reflecting the Board’s belief that the current stock price undervalues the company’s true performance and potential. This strategic move is part of a share award scheme aimed at benefiting selected participants and demonstrates the company’s confidence in its future business outlook. The Board plans to continue monitoring the market and may instruct further share purchases if deemed appropriate.
For further insights into HK:1769 stock, check out TipRanks’ Stock Analysis page.