Scholar Education Group (1769) Updates on Share Purchase Under Share Award Scheme

Bulletin Express01-28

Scholar Education Group disclosed a recent on-market purchase of 1,750,000 shares under its share award scheme. The purchase took place on 28 January 2026 at an average price of approximately HK$2.12 per share, amounting to around HK$3,705,000 in total consideration. This represents about 0.260% of Scholar Education Group’s total issued shares.

Following the purchase, the trustee now holds 16,800,000 shares on trust for the scheme, equivalent to 2.49% of the total shares in issue. The board cites confidence in the company’s outlook and regards the current share price as an opportune valuation for expanding the scheme’s share reserve. The board will continue to review the number of shares to be awarded to selected participants in the future.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment