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Scholar Education Group ( (HK:1769) ) has shared an update.
Scholar Education Group has disclosed that the trustee of its share award scheme has purchased 415,000 shares on the open market on 11 May 2026, representing about 0.062% of its issued share capital. Following this transaction, the trustee holds 12,388,000 shares, or roughly 1.84% of the company, which will be used for future grants to selected participants under the scheme.
The board reiterated its view that the current share price materially undervalues the company’s fundamentals, framing the buy-in as an opportunity to accumulate stock for incentive awards. Management signaled confidence in the business outlook and indicated it will continue to monitor market conditions and may instruct further share purchases for the scheme at its discretion, aligning employee incentives with shareholder interests.
More about Scholar Education Group
Scholar Education Group is a Hong Kong-listed education services provider, incorporated in the Cayman Islands and trading under stock code 1769. The group operates in the private education sector in China, focusing on delivering educational programs and related services, and uses equity-based incentives to attract and retain key talent in a competitive market.
Average Trading Volume: 635,906
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.02B
See more insights into 1769 stock on TipRanks’ Stock Analysis page.