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Scholar Education Group ( (HK:1769) ) has shared an announcement.
Scholar Education Group has disclosed that the trustee of its share award scheme purchased 142,000 shares on the market on 17 April 2026, representing about 0.021% of its issued share capital, at an average price of approximately HK$1.63 per share. Following this transaction, the trustee holds about 8.56 million shares, or 1.27% of the company, with the board stating that the current share price significantly undervalues the business and that it will continue to monitor market conditions and direct further purchases to support future awards to selected participants under the scheme.
The board reiterated its confidence in the company’s business outlook and prospects, emphasizing that the recent buy-in reflects management’s view that current levels offer an attractive opportunity to accumulate stock for employee incentives. It also underscored that the number of shares ultimately awarded and their vesting conditions will be set at the board’s discretion, signaling ongoing use of equity awards as a tool to align staff interests with shareholders and potentially support the share price over time.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider incorporated in the Cayman Islands. The company operates within the broader private education sector in China, focusing on delivering after-school educational programs and related services to students, and is positioning itself to retain and incentivize key talent through equity-based remuneration schemes.
Average Trading Volume: 925,681
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.07B
See more data about 1769 stock on TipRanks’ Stock Analysis page.