Scholar Education Group Announces Significant Share Purchase Under Share Award Scheme

Key Highlights

• Share Purchase: The Trustee has executed an on-market purchase of 200,000 shares on 30 April 2026 under the Company’s Share Award Scheme.
• Percentage of Share Capital: The acquired shares constitute approximately 0.03% of the Company’s total issued shares.
• Average Purchase Price: Each share was purchased at an average price of HK\$1.61.
• Total Consideration: The total value of the purchase reached approximately HK\$322,000, excluding transaction costs.
• Shares Held by Trustee: Following this transaction, the Trustee now holds 10,583,000 shares, representing 1.57% of the total issued shares.
• Board’s View: The Board believes the current share price significantly undervalues the Company’s underlying value.

Detailed Analysis for Investors

Scholar Education Group has made a noteworthy update to its ongoing Share Award Scheme, a move that can potentially influence the market perception and trading activity of its shares. On 30 April 2026, the Company’s Trustee purchased 200,000 shares in the open market, with the intention to hold these shares in trust for future award to selected participants, in accordance with the Scheme’s rules.

Implications for Shareholders

• Strategic Share Buyback: The purchase reflects the Company’s confidence in its business outlook and prospects. The Board explicitly states that the current share price does not reflect the true value of the Company, signaling a positive internal assessment that may be encouraging to investors.
• Potential Price Impact: Share buybacks and award schemes are typically viewed favorably by the market, as they may reduce the floating supply and indicate management’s belief that the shares are undervalued. This could provide upward pressure on the share price if investors interpret the move as a sign of future growth or stability.
• Future Awards: The Board retains full discretion to award shares to selected participants, including setting vesting conditions, which means investors should anticipate possible announcements about awards, which can affect share supply and management incentives.
• Continuous Monitoring: The Company will continue to monitor market conditions and may instruct further share purchases as deemed appropriate, suggesting ongoing activity that could influence share price dynamics.

Management and Governance

The announcement is authorized by Chairman and Executive Director Chen Qiyuan, reaffirming strong leadership involvement in the scheme. The Board comprises both executive and independent non-executive directors, ensuring oversight and balance in decision making.

Conclusion

This voluntary announcement is particularly noteworthy for investors, as it signals Scholar Education Group’s proactive approach to supporting its share price and rewarding key stakeholders. The Board’s belief that the shares are undervalued, coupled with their commitment to further purchases when appropriate, is a crucial signal to the market. Investors should closely watch for further announcements regarding the Share Award Scheme, as these may continue to influence the share price and overall market sentiment.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult professional advisors before making any investment decisions. The information provided is based on the latest voluntary announcement from Scholar Education Group and may be subject to change.

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