Scholar Education Executes Share Award Scheme Purchase of 146,000 Shares

Bulletin Express
09/28

Scholar Education Group reported that the scheme trustee acquired 146,000 shares on 28 September 2026 under the company’s share award scheme. The on-market transaction was completed at an average price of HK$0.82 per share, bringing the cash outlay to approximately HK$0.12 million, excluding transaction costs.

Following the purchase, the shares held in trust for future awards rose to 50.55 million, equivalent to 7.50% of the company’s issued share capital. The latest tranche represents about 0.022% of total shares outstanding.

The board stated that the prevailing market price materially understates the group’s intrinsic value and confirmed that further acquisitions may be instructed when conditions are deemed appropriate. It will continue to determine the volume and vesting conditions of future awards at its discretion.

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