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Scholar Education Group ( (HK:1769) ) has provided an announcement.
Scholar Education Group has disclosed that the trustee of its share award scheme purchased 200,000 shares on the market on 22 April 2026, representing about 0.03% of the company’s issued share capital, at an average price of roughly HK$1.72 per share. Following this transaction, the trustee holds 9,102,000 shares, or about 1.35% of the company, earmarked for future grants to selected participants under the scheme.
The board stated that it views the current share price as significantly undervaluing the company’s underlying worth, and sees the buyback for the award scheme as a strategic opportunity. Management signaled confidence in the business outlook, indicating it will continue to monitor market conditions and may instruct further share purchases for the scheme, while retaining full discretion over the number of shares and vesting terms granted to participants.
More about Scholar Education Group
Scholar Education Group is a Hong Kong–listed education services provider focused on delivering tutoring and related educational programs in China. The company operates under a share award scheme to incentivize selected participants, aligning their interests with long-term shareholder value and the group’s business development.
Average Trading Volume: 880,628
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.12B
Learn more about 1769 stock on TipRanks’ Stock Analysis page.