Scholar Education Group disclosed that the trustee of its share award scheme purchased 254,000 company shares on-market on 4 June 2026. The repurchase represents approximately 0.04% of the current issued share capital.

The shares were acquired at an average price of HK$1.22, bringing the total consideration to about HK$0.31 million, excluding transaction costs.

Following the transaction, the scheme’s trust now holds 23.55 million shares, equivalent to 3.50% of Scholar Education’s outstanding stock.

The board reiterated that the prevailing market price substantially undervalues the company’s fundamentals and confirmed it will continue to monitor market conditions and may instruct further purchases under the share award scheme. Vesting terms and specific allocations to selected participants will be set at the board’s discretion.