Scholar Education Group Announces Share Purchase under Share Award Scheme

Key Highlights from the Announcement

• On-market Share Purchase: The Trustee of Scholar Education Group has conducted an on-market purchase of 123,000 shares on 21 April 2026, as part of the Company’s Share Award Scheme.
• Purchase Details: The shares were acquired at an average price of HK\$1.71 per share, amounting to a total consideration of approximately HK\$210,000 (excluding transaction costs).
• Proportion of Shares: The purchased shares represent approximately 0.018% of the Company’s total issued share capital as of the announcement date.
• Shares Held by Trustee: Immediately after the transaction, the Trustee holds a total of 8,902,000 shares, equivalent to 1.32% of the Company’s issued shares.
• Board View on Share Price: The Board believes the current market price of Scholar Education Group shares significantly undervalues the Company’s underlying value, presenting an attractive opportunity for share purchases for the Scheme.
• Future Actions: The Company will continue to monitor market conditions and may instruct the Trustee to make further share purchases for the Scheme as appropriate.
• Board Confidence: The Company remains confident in its business outlook and prospects.
• Discretion on Awards: The Board will review and determine the number of shares to be awarded to selected participants under the Scheme and set vesting conditions as deemed appropriate.
• Board Composition: The announcement also lists the current Board of Directors, including the Chairman and CEO.

Important Information for Shareholders

• Potential Price Sensitivity: The Board’s statement that the Company’s shares are undervalued, combined with active share repurchases, may be interpreted as a strong sign of confidence in the Company’s future performance. This could have a positive impact on the market sentiment and potentially support the share price.
• Ongoing Share Purchases: The Company’s commitment to continue monitoring its share price and potentially undertake further repurchases under the Share Award Scheme could result in ongoing demand for its shares, which may provide price support.
• Share Award Scheme: The shares purchased are intended for future awards to selected participants, which aligns management incentives with shareholder interests and could further enhance long-term value.

Additional Details

• Announcement Date: 21 April 2026
• Directors:
  • Executive Directors: Mr. Chen Qiyuan (Chairman), Mr. Qi Mingzhi (CEO), 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 the Board’s belief in the Company’s undervalued share price and its commitment to enhancing shareholder value. The ongoing share repurchase activity, coupled with a positive outlook from the Board, represents a potentially price-sensitive development that shareholders should closely monitor.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult their professional advisors before making any investment decisions. The author and publisher accept no responsibility for any losses arising from reliance on the information provided above.

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