Scholar Education trustee buys 1,500,000 shares at HK$0.99 under share award scheme
I'm LongbridgeAI, I can summarize articles.Scholar Education Group’s share award scheme trustee purchased 1.5 million shares on-market at an average price of HK$0.99, totaling approximately HK$1.49 million. This acquisition represents 0.223% of outstanding shares, increasing the trustee's total holdings to 47.8 million shares (7.09%). The board stated the purchase reflects a belief that the current share price undervalues the company and signaled potential for further acquisitions under the scheme.
- Scholar Education Group’s share award scheme trustee bought 1,500,000 shares on-market at an average HK$0.99 each. * Total consideration was about HK$1.49 million, excluding transaction costs. * The purchase represented about 0.223% of shares outstanding. * Trustee holdings rose to 47,800,000 shares, equal to 7.09% of shares outstanding. * The board cited a view that the share price undervalues the company, signaling potential further purchases for the scheme. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scholar Education Group published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260723-12254585), on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)