Summary by Moomoo AI
Scholar Edu Group, from October 8 to October 30, 2024, purchased a total of 630,000 shares in the market through the trustee, representing approximately 0.112% of the total issued shares, at an average purchase price of around HK$5.64 per share, with a total consideration of about HK$3,552,000. These shares will be held in trust for the benefit of the selected participants. This action reflects the company's confidence in the business outlook and prospects, and it will continue to monitor market conditions and stock prices, instructing the trustee to make further share purchases at the right time. The board of directors will continue to review and determine the number of reward shares to be awarded to selected participants.
