Scholar Education Group Buys Back Shares for Award Scheme Amid Undervaluation Claim
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Scholar Education Group (HK:1769) announced that its share award scheme trustee purchased 600,000 shares on May 14, 2026, at an average price of HK$1.32, totaling approximately HK$792,000. This acquisition represents 0.089% of its issued share capital, increasing the trustee's holdings to 15,795,000 shares (2.34% of the company). The board expresses confidence in the company's outlook, citing undervaluation, and plans to monitor market conditions for future purchases under the scheme.
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