SCHOLAR EDU acquires 296,000 shares for award scheme at HK$1.57 average price

Bulletin Express05-07

Scholar Education Group (SCHOLAR EDU) disclosed that the scheme trustee purchased 296,000 shares on 7 May 2026 under the company’s share award scheme. The transaction represents approximately 0.04% of the company’s issued share capital.

The average purchase price was HK$1.57 per share, bringing the total consideration to roughly HK$0.47 million, excluding transaction costs.

Following the purchase, the trustee holds 11.55 million shares, equivalent to about 1.71% of the total shares in issue.

The board reiterated that the prevailing market price undervalues the company’s fundamentals and signalled that further on-market acquisitions under the scheme may occur as market conditions permit. Decisions on future awards and vesting conditions will be made at the board’s discretion.

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