Scholar Education Group Boosts Share Award Scheme With Market Buy
I'm LongbridgeAI, I can summarize articles.Scholar Education Group (HK:1769) announced that its share award scheme trustee purchased 1,000,000 shares on the open market at an average price of HK$1.00 per share. This transaction represents approximately 0.148% of issued share capital. Post-purchase, the trustee holds 42.7 million shares for future employee incentives. The board stated the current share price undervalues the company and views the buy as an opportunity to accumulate shares, signaling confidence in the business outlook and commitment to aligning staff interests with shareholders.
Scholar Education Group ( (HK:1769) ) has provided an update.
Scholar Education Group announced that the trustee of its share award scheme has purchased 1,000,000 shares on the market on 20 July 2026, representing about 0.148% of its issued share capital, at an average price of roughly HK$1.00 per share. Following this transaction, the trustee holds 42,700,000 shares, or about 6.34% of the company’s outstanding shares, to be used for future awards to selected participants.
The board stated that the current share price significantly undervalues the company’s underlying value and views the latest buy as an opportunity to accumulate shares for employee incentives. Management signalled confidence in the business outlook and indicated it will continue to monitor market conditions and may instruct further purchases under the scheme, reinforcing long-term alignment between staff and shareholders.
More about Scholar Education Group
Scholar Education Group, incorporated in the Cayman Islands and listed in Hong Kong under stock code 1769, operates in the education sector. The company runs education services in China and uses equity-based incentive schemes to attract and retain key staff and align employee interests with long-term shareholder value.
The board is led by chairman and executive director Chen Qiyuan, with chief executive officer Qi Mingzhi and other executive and independent non-executive directors. Its governance structure supports ongoing use of share award mechanisms as part of overall talent and growth strategy.
Average Trading Volume: 2,129,314
Technical Sentiment Signal: Sell
Current Market Cap: HK$660M
For an in-depth examination of 1769 stock, go to TipRanks’ Overview page.