Scholar Education Group Buys Back Shares for Award Scheme, Citing Undervaluation
I'm LongbridgeAI, I can summarize articles.
Scholar Education Group (HK:1769) has announced that its share award scheme trustee purchased 1,250,000 shares at an average price of HK$2.12, totaling HK$2.65 million. This acquisition represents 0.186% of its issued share capital, increasing the trustee's holdings to 18,050,000 shares (2.68% of total shares). The board believes the current share price undervalues the company and may continue to buy shares under the scheme. The latest analyst rating for the stock is a Hold with a price target of HK$2.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments