New Oriental Education extends share repurchase program
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4 months ago
- New Oriental Education & Technology (NYSE:EDU) Board has authorized the company to extend its share repurchase program launched in 2022 and amended in 2023, over the next twelve months through May 31, 2025.
- The company had repurchased approximately $246.3 million worth of its ADSs under the Share Repurchase Program, and a balance of approximately $153.7 million authorized under the Share Repurchase Program had not been utilized.
- Pursuant to the extended Share Repurchase Program, the company may repurchase up to approximately $153.7 million of its shares in the form of ADSs and/or common shares through May 31, 2025.
- EDU -1.52% premarket to $78.0.
- Source: Press Release