Scholar Education Group Announces Share Purchase Under Share Award Scheme
Date: 14 May 2026
Company: Scholar Education Group (Stock Code: 1769)
Key Highlights
- Share Purchase Announcement: Scholar Education Group has announced a recent on-market purchase of its own shares, executed by the Trustee under the company’s Share Award Scheme.
- Transaction Details:
- Total number of shares purchased: 600,000
- Percentage of total shares in issue: approximately 0.089%
- Average purchase price per share: HK\$1.32
- Total consideration (excluding transaction costs): approximately HK\$792,000
- Post-Purchase Position: After this transaction, the Trustee now holds a total of 15,795,000 shares (representing 2.34% of the total shares in issue) on trust for the benefit of selected participants under the Share Award Scheme.
Strategic Rationale and Board Commentary
The Board of Scholar Education Group believes that the current market price of the company’s shares significantly undervalues its underlying business and prospects. The Board has taken this opportunity to acquire shares, viewing it as a favorable moment for future awards under the Share Award Scheme. This move demonstrates the company’s confidence in its business outlook and long-term value.
The company has stated its intention to continue monitoring market conditions and its share price, and will instruct the Trustee to purchase additional shares for the Scheme as and when appropriate. The Board will also regularly review and determine the number of shares to be awarded to selected participants, along with the relevant vesting conditions, at its absolute discretion.
Potential Impact for Shareholders
- Support for Share Price: The company’s active repurchase of shares under the Scheme may provide support to the share price and is a clear signal of management’s confidence in the company’s intrinsic value.
- Future Share Awards: Shares held by the Trustee will be available for future awards to selected employees or participants, aligning their interests with those of shareholders and potentially incentivizing performance.
- Ongoing Monitoring: The Board’s commitment to ongoing share purchases as market conditions warrant could lead to further similar transactions, which may influence share price movements and market perception.
- Transparency: The company has committed to announce further purchases and awards as required, ensuring ongoing transparency for shareholders.
Board Composition
As of the date of the announcement, the Board of Scholar Education Group comprises:
- 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 under the Share Award Scheme demonstrates Scholar Education Group’s confidence in its business fundamentals and future prospects. This action, coupled with the stated willingness to conduct further share repurchases, could be supportive of the company’s share price and is a positive signal to existing and potential investors.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult with professional advisors before making investment decisions. The information in this article is based on public disclosures by Scholar Education Group as of 14 May 2026. The company’s plans and market conditions may change, potentially affecting future outcomes.
