Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Scholar Education Group ( (HK:1769) ) has provided an announcement.
Scholar Education Group has disclosed that the trustee of its share award scheme bought 245,000 shares on the market on 16 April 2026, representing about 0.036% of its issued share capital, at an average price of roughly HK$1.62 per share. Following this transaction, the trustee holds 8.42 million shares, or about 1.25% of the company, which will be used to satisfy future share awards for selected participants.
The board said the latest purchase reflects its view that the current share price significantly undervalues the company’s underlying value and signals confidence in its business outlook and prospects. Management indicated it will continue to monitor market conditions and may instruct further purchases for the scheme, while retaining full discretion over the number of shares to be awarded and the vesting conditions, underscoring an ongoing commitment to incentivizing staff through equity.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider incorporated in the Cayman Islands and traded under stock code 1769. The company operates within the private education sector, focusing on delivering after-school and related learning services in the Chinese market, and uses equity-based incentives to attract and retain key talent.
Average Trading Volume: 925,681
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.07B
For detailed information about 1769 stock, go to TipRanks’ Stock Analysis page.