Scholar Education Group Adds Shares to Award Scheme as Board Cites Undervaluation

Tip Ranks
2026.05.04 11:11
portai
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Scholar Education Group (HK:1769) announced that its share award scheme trustee purchased 174,000 shares on May 4, 2026, amounting to 0.026% of its issued share capital. The trustee now holds 10,757,000 shares, or 1.60% of the company. The board believes the current share price undervalues the company and sees this as an opportunity to accumulate stock for future awards. Management expressed confidence in the business outlook and may consider further purchases to incentivize talent and support equity valuation.