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New Oriental Expands Buyback, Considers Special Dividend
Company Announcements

New Oriental Expands Buyback, Considers Special Dividend

New Oriental Education & Technology Group, Inc. (HK:9901) has released an update.

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New Oriental Education & Technology Group Inc. has announced an increase in its share repurchase program from $400 million to $700 million, with the program extended through May 31, 2025. Additionally, a board meeting is scheduled for August 19, 2024, to discuss a proposed special dividend. Shareholders are advised to exercise caution when dealing with the company’s securities as the dividend is still pending approval.

For further insights into HK:9901 stock, check out TipRanks’ Stock Analysis page.

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