Scholar Education Group Adds to Trustee Holdings Under Share Award Scheme
I'm LongbridgeAI, I can summarize articles.Scholar Education Group (HK:1769) announced that its share award scheme trustee purchased 859,000 shares on July 8, 2026, at an average price of HK$1.02. The trustee now holds 37 million shares (5.49% of issued capital). The board stated the current price undervalues the company and views this as a confidence-building move for future employee incentives, with plans to continue monitoring market conditions for further purchases.
The latest announcement is out from Scholar Education Group ( (HK:1769) ).
Scholar Education Group has announced that the trustee of its share award scheme purchased 859,000 shares on the market on 8 July 2026, representing about 0.127% of its issued share capital, at an average price of roughly HK$1.02 per share. Following this transaction, the trustee holds 37 million shares, or about 5.49% of the company’s issued shares, to be used for future awards to selected participants under the scheme.
The board said the current share price significantly undervalues the company’s underlying value and views the latest purchase as an opportunity to accumulate shares for incentive awards, reflecting confidence in its business outlook and prospects. Scholar Education plans to continue monitoring market conditions and its trading price, instructing the trustee to undertake further share purchases for the scheme when appropriate and determining award sizes and vesting terms at its discretion.
More about Scholar Education Group
Scholar Education Group is a Cayman Islands-incorporated provider of educational services listed on the Hong Kong Stock Exchange under stock code 1769. The company operates in the private education and tutoring sector, focusing on after-school and related learning programs for students in mainland China, and uses share-based incentive schemes to align employees and participants with its long-term growth.
Average Trading Volume: 1,417,264
Technical Sentiment Signal: Sell
Current Market Cap: HK$673.2M
For a thorough assessment of 1769 stock, go to TipRanks’ Stock Analysis page.
