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6-K: New Oriental Extends Share Repurchase Program

6-K: New Oriental Extends Share Repurchase Program

6-K:新東方延長股票回購計劃
美股sec公告 ·  05/24 07:01
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New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China, has announced the extension of its share repurchase program. The program, which was initially launched in 2022 and amended in 2023, is now set to continue through May 31, 2025. As reported on May 24, 2024, the company has already repurchased approximately $246.3 million worth of its American Depositary Shares (ADSs) and still has around $153.7 million authorized for future repurchases. The buybacks will be conducted through various methods such as open market transactions, privately negotiated transactions, block trades, or other legal means, subject to market conditions and regulatory requirements. The board of directors of New Oriental will periodically review and may adjust the terms and size of the Share Repurchase Program. The company's ADSs, each representing ten common shares, are traded on the New York Stock Exchange (NYSE), and its shares are also listed on the Stock Exchange of Hong Kong (SEHK), with full fungibility between the two.
New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China, has announced the extension of its share repurchase program. The program, which was initially launched in 2022 and amended in 2023, is now set to continue through May 31, 2025. As reported on May 24, 2024, the company has already repurchased approximately $246.3 million worth of its American Depositary Shares (ADSs) and still has around $153.7 million authorized for future repurchases. The buybacks will be conducted through various methods such as open market transactions, privately negotiated transactions, block trades, or other legal means, subject to market conditions and regulatory requirements. The board of directors of New Oriental will periodically review and may adjust the terms and size of the Share Repurchase Program. The company's ADSs, each representing ten common shares, are traded on the New York Stock Exchange (NYSE), and its shares are also listed on the Stock Exchange of Hong Kong (SEHK), with full fungibility between the two.
中國領先的私立教育服務提供商新東方教育科技集團有限公司(新東方)宣佈延長其股票回購計劃。該計劃最初於2022年啓動,並於2023年進行了修訂,現在將持續到2025年5月31日。據2024年5月24日報道,該公司已經回購了價值約2.463億美元的美國存托股票(ADS),並且仍有約1.537億美元獲准進行未來回購。回購將通過各種方法進行,例如公開市場交易、私下談判交易、大宗交易或其他合法手段,但須視市場條件和監管要求而定。新東方董事會將定期審查並可能調整股票回購計劃的條款和規模。該公司的ADS各代表十股普通股,在紐約證券交易所(NYSE)上市,其股票也在香港聯合交易所(SEHK)上市,兩者之間完全可互換。
中國領先的私立教育服務提供商新東方教育科技集團有限公司(新東方)宣佈延長其股票回購計劃。該計劃最初於2022年啓動,並於2023年進行了修訂,現在將持續到2025年5月31日。據2024年5月24日報道,該公司已經回購了價值約2.463億美元的美國存托股票(ADS),並且仍有約1.537億美元獲准進行未來回購。回購將通過各種方法進行,例如公開市場交易、私下談判交易、大宗交易或其他合法手段,但須視市場條件和監管要求而定。新東方董事會將定期審查並可能調整股票回購計劃的條款和規模。該公司的ADS各代表十股普通股,在紐約證券交易所(NYSE)上市,其股票也在香港聯合交易所(SEHK)上市,兩者之間完全可互換。
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