Scholar Edu acquires 415,000 shares for award scheme at HK$0.61 million

Bulletin Express05-11 20:22

Hong Kong – Scholar Education Group (Scholar Edu) disclosed that the trustee of its share award scheme purchased 415,000 shares on 11 May 2026 through on-market transactions.

The shares were acquired at an average price of HK$1.47, bringing the total consideration to approximately HK$0.61 million. The transaction represents about 0.062 % of the company’s issued share capital.

Following the purchase, the trustee holds 12,388,000 shares, equivalent to 1.84 % of the total issued shares.

The board reiterated its view that the current market price undervalues the company and signalled that further share purchases under the scheme will be considered, subject to market conditions and board discretion on future awards.

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