Scholar Education purchases 480,000 shares for award scheme at HK$1.25 average price
Bulletin Express
Jun 05
Scholar Education Group announced that the trustee of its share award scheme bought 480,000 shares on-market on 5 June 2026.
• Purchase details: The shares were acquired at an average price of HK$1.25, bringing total consideration to roughly HK$0.60 million.
• Scale of buyback: The transaction represents about 0.07% of the company’s issued share capital.
• Post-purchase position: Following the deal, the trustee holds 24.03 million shares, equivalent to 3.57% of the company’s outstanding stock.
The board reiterated its view that the current share price undervalues the business and signalled it may authorise further purchases under the scheme as market conditions permit.
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.