Top Education Group Ltd. Announces Share Buyback at HK$0.04 per Share

Reuters

05-29

Top Education Group Ltd. Announces Share Buyback at HK$0.04 per Share

Top Education Group Ltd. has announced a proposed off-market share buy-back as part of a connected transaction, aiming to enhance its net asset value per share and earnings per share. The board has considered offering a consideration per buy-back share at a discount of approximately 58.3% to the audited net asset value per share as of June 30, 2024, and approximately 58.9% to the unaudited net asset value per share as of December 31, 2024. The transaction is seen as a strategic opportunity for the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Top Education Group Ltd. published the original content used to generate this news brief on May 29, 2025, and is solely responsible for the information contained therein.

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