Scholar Education Group Announces On-Market Share Purchase for Share Award Scheme

Hong Kong, 28 April 2026 – Scholar Education Group (Stock Code: 1769) has issued a voluntary announcement regarding the latest developments in its ongoing share award scheme, a move that could have significant implications for investors and shareholders.

Key Points from the Announcement

• Recent Share Purchase: The Trustee of the Company executed an on-market purchase of 149,000 shares on 28 April 2026. These shares are to be held on trust for the benefit of selected participants under the company’s share award scheme.
• Purchase Details:
  • Total shares purchased: 149,000
  • Percentage of shares purchased (relative to total issued shares): approximately 0.022%
  • Average purchase price per share: HK\$1.64
  • Total consideration (excluding transaction costs): approximately HK\$245,000
  • Total shares held by the Trustee after this purchase: 10,065,000 shares (representing 1.49% of total issued shares)
• Company’s Rationale: The Board believes the current share price significantly undervalues the Company’s underlying value. As such, the Board sees this as a favorable opportunity to purchase shares for future awards, demonstrating confidence in the Company’s business outlook and prospects.
• Ongoing Program: The Company will continue to monitor market conditions and its share price, and may instruct the Trustee to make further share purchases as deemed appropriate for the scheme.
• Award Decisions: The Board will regularly review and determine the number of shares to be awarded to selected participants and the applicable vesting conditions at its absolute discretion.

Implications and Price-Sensitive Information for Shareholders

• This active share buyback initiative under the share award scheme signals the management’s strong confidence in Scholar Education Group’s future prospects and intrinsic value.
• The share purchase program can potentially support and stabilize the company’s share price by reducing the available float and sending a positive message to the market about management’s views on the company’s undervaluation.
• The Board’s stated intention to continue monitoring the market and potentially undertake further share purchases could provide ongoing support for the share price and suggests an ongoing commitment to shareholder value.
• Investors should note that the number and conditions of share awards to selected participants remain at the Board’s discretion, adding a degree of flexibility and potential variability to the program’s impact.

Board of Directors

• Executive Directors:
  • Mr. Chen Qiyuan (Chairman)
  • Mr. Qi Mingzhi (Chief Executive Officer)
  • Ms. Li Ailing
  • Ms. Leng Xinlan
• Independent Non-Executive Directors:
  • Mr. Yang Xuezhi
  • Ms. Yim Ka Man
  • Prof. Zhang Wenjun

Conclusion

The latest share purchase by Scholar Education Group under its share award scheme is a clear indication of management’s confidence in the company’s future. This could be seen as a positive, price-sensitive development for shareholders, especially given the Board’s view that the current share price undervalues the business. Continued buybacks and awards under the scheme could provide ongoing support to the share price and signal strong internal confidence in the company’s prospects.

Disclaimer: The above article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making investment decisions. The information is based on the company’s public announcement and may be subject to further updates or clarifications.

View SCHOLAR EDU Historical chart here