Scholar Education Group Announces Share Purchase under Share Award Scheme

Hong Kong, 29 April 2026 – Scholar Education Group (Stock Code: 1769) has issued a voluntary announcement regarding its latest move under the company’s Share Award Scheme, which may be of significant interest to investors and could potentially influence the company’s share price.

Key Highlights of the Announcement

• On-Market Share Purchase: The trustee of the Share Award Scheme purchased 318,000 shares on 29 April 2026. These shares will be held on trust for the benefit of selected participants in accordance with the Scheme Rules and the Trust Deed.
• Purchase Details:
  • Total number of shares purchased: 318,000
  • Percentage of total shares in issue: approximately 0.047%
  • Average purchase price per share: approximately HK\$1.63
  • Total consideration (excluding transaction costs): approximately HK\$517,000
  • Shares held by the trustee after the purchase: 10,383,000 shares (representing 1.54% of total shares in issue)
• Board’s View: The Board believes the current share price significantly undervalues the company’s underlying value, and considers this a good opportunity to repurchase shares for the Scheme’s future awards.
• Business Outlook: Scholar Education Group’s management has expressed firm confidence in the company’s business prospects and intends to monitor market conditions and possibly instruct further share purchases when deemed appropriate.
• Scheme Management: The Board will retain absolute discretion over the number of awarded shares and associated vesting conditions for selected participants under the scheme.

Potential Price-Sensitive Information

• Share Repurchases Signal Undervaluation: The company’s active buyback, justified by management’s belief that the current trading price undervalues the business, could be interpreted by the market as a positive signal. This action may support the share price or trigger investor interest in anticipation of further repurchases or improved fundamentals.
• Accumulation of Treasury Shares: With the trustee now holding over 1.5% of the company’s issued shares for the scheme, this could impact supply and demand dynamics in the market, potentially reducing available float and influencing the share price.
• Future Awards and Incentives: As the board will consider additional awards and vesting conditions at its full discretion, investors should monitor for future announcements that may indicate further share repurchases or incentive grants, which could be relevant to the company’s strategy and share price.

Board of Directors

The Board currently 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

Scholar Education Group’s latest share purchase under its Share Award Scheme reinforces management’s confidence in the company’s outlook and signals to the market that the current share price may not reflect its intrinsic value. Investors should closely monitor future updates from the company regarding additional share purchases or awards, as these actions could have a material impact on the company’s share price and overall market sentiment.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research or consult with a financial advisor before making any investment decisions. The author is not responsible for any losses arising from reliance on the information contained herein.

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