Scholar Education Group disclosed that the scheme trustee purchased 708,000 shares on-market on 26 May 2026 as part of the company’s share award scheme.
The shares were acquired at an average price of HK$1.23, bringing the cash consideration to approximately HK$0.87 million. The transaction represents about 0.105% of the company’s issued share capital.
Following the purchase, the trustee’s holding rose to 20.75 million shares, or 3.08% of total shares outstanding.
The board reiterated that the current market price undervalues the company and signalled that additional buybacks for the scheme may be carried out when conditions permit.
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