New Oriental Education & Technology Group Inc. (New Oriental, Stock Code: 9901) has approved an ordinary cash dividend of US$0.12 per common share, or US$1.2 per ADS, to be distributed in two installments. According to the announcement dated October 28, 2025, the aggregate amount of the dividend is expected to total approximately US$190 million.

The first installment of US$0.06 per common share, or US$0.6 per ADS, will be paid to holders of record on November 18, 2025. The payment date is expected to be on or around December 2, 2025 for common shares and December 5, 2025 for ADSs. The second installment of the same amount is planned for around six months after the first installment, with the exact record date and payment date to be determined.

The board of directors also approved a share repurchase program of up to US$300 million over the next 12 months. The repurchases may be conducted through various methods, including open market transactions and privately negotiated deals, in accordance with applicable regulations. Funding for the program is expected to come from existing cash reserves.