EDU Holdings (ASX:EDU) said the Australian Securities Exchange has approved the company's formal delisting request, subject to conditions, according to a Monday Australian bourse filing.
The company said its shareholders can sell their shares in an equal access off-market buyback, under which the company will purchase up to 75 million shares at AU$0.165.
In addition, the company will buy back unmarketable parcels of shares, pending further details in a future disclosure.
The buyback and delisting remain subject to shareholder approval, which is to be decided in a general meeting on June 23.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。