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Scholar Education Group Buys Back Shares for Award Scheme Amid Undervaluation Claim

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Scholar Education Group Buys Back Shares for Award Scheme Amid Undervaluation Claim

Meet Samuel – Your Personal Investing Prophet

Scholar Education Group ( (HK:1769) ) just unveiled an announcement.

Scholar Education Group has disclosed that the trustee of its share award scheme purchased 600,000 shares on the open market on 14 May 2026, representing about 0.089% of its issued share capital, at an average price of HK$1.32 and a total consideration of approximately HK$792,000. Following the transaction, the trustee holds 15,795,000 shares, or 2.34% of the company, as the board signals confidence in the firm’s outlook, views the current valuation as undervalued, and plans to continue monitoring market conditions to execute further purchases for future awards under the scheme at its discretion.

More about Scholar Education Group

Scholar Education Group is a Cayman Islands-incorporated company listed in Hong Kong, operating in the education sector. It focuses on providing educational services and operates under a share award scheme designed to incentivize selected participants, aligning their interests with the company’s long-term development and market performance.

Average Trading Volume: 823,193

Technical Sentiment Signal: Sell

Current Market Cap: HK$983.5M

For an in-depth examination of 1769 stock, go to TipRanks’ Overview page.

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