New Oriental Education & Technology Group Inc. Announces Up to US$300 Million Buyback Program
Reuters
Oct 28
New Oriental Education & Technology Group Inc. Announces Up to US$300 Million Buyback Program
New Oriental Education & Technology Group Inc. has announced a share repurchase program under which the company may repurchase up to US$300 million of its ADSs or common shares over the next 12 months. The repurchases may be conducted through open market transactions, privately negotiated deals, block trades, or other legally permissible means, depending on market conditions. The company will fund the repurchases from its existing cash balance.
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