Scholar Education Group buys 479,000 shares for award scheme at HK$1.28 each

Bulletin Express05-29

Scholar Education Group disclosed that the trustee of its share award scheme purchased 479,000 shares on-market on 29 May 2026 for future employee incentives.

The transaction represents approximately 0.071% of the company’s issued share capital. The average purchase price was HK$1.28 per share, bringing the total consideration to roughly HK$0.62 million, excluding transaction costs.

Following the latest acquisition, the trustee holds 22.12 million shares—equivalent to 3.28% of the company’s outstanding shares—on trust for selected participants.

Management reiterated that the current share price is viewed as undervaluing the company’s fundamentals and signalled that additional purchases may be instructed as market conditions allow. The board will determine the allocation and vesting conditions of awarded shares at its discretion.

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