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Scholar Education Group ( (HK:1769) ) has shared an update.
Scholar Education Group has announced a voluntary update regarding their share purchase activities as part of their share award scheme. The company recently acquired 700,000 shares, representing approximately 0.124% of the total shares in issue, at an average price of HK$4.07 per share. This purchase aims to capitalize on the perceived undervaluation of the company’s stock and prepare for future share awards to selected participants. The Board remains confident in the company’s business outlook and will continue to monitor market conditions to strategically purchase shares under the scheme.
More about Scholar Education Group
Scholar Education Group is an education company incorporated in the Cayman Islands, focusing on providing educational services and products. It operates within the education industry and is listed on the Hong Kong Stock Exchange under the stock code 1769.
YTD Price Performance: -20.39%
Average Trading Volume: 1,788,325
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$2.19B
See more insights into 1769 stock on TipRanks’ Stock Analysis page.
