Summary by Moomoo AI
Scholar Edu Group purchased a total of 440,000 shares in the market from September 11 to September 24, 2024, in accordance with its stock incentive plan rules and trust deed. The batch of shares will be held in trust for the benefit of the selected participants. The average price of the shares purchased was approximately HK$5.20 per share, with a total consideration of approximately HK$2,287,000, representing approximately 0.078% of the total issued shares. The remaining shares held by the trustee after the purchase are 16,197,000 shares, representing 2.867% of the total issued shares. The board of directors is confident in the business outlook and prospects, and will continue to monitor market conditions and stock prices, instructing the trustee to make share purchases at the appropriate time.