Scholar Education Group (HK:1769) has released an update.
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Scholar Education Group has been actively purchasing shares under its share award scheme, with a recent acquisition of 944,000 shares representing about 0.170% of its total shares issued. Believing that the current share price does not reflect the company’s true value, the board sees this as an advantageous opportunity to prepare for future share awards. Expressing confidence in the company’s outlook, they plan to continue monitoring the market to make further purchases as needed.
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