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Top Education Group Announces Share Buy-Back Agreement

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Top Education Group Announces Share Buy-Back Agreement

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Top Education Group Ltd. ( (HK:1752) ) has shared an announcement.

Top Education Group Ltd. has announced a proposed off-market share buy-back agreement with PwC Nominees, involving the purchase of approximately 10.86% of its issued shares. This transaction is subject to regulatory approvals and will result in a reduction of the total issued shares, potentially increasing the proportional voting rights of other major shareholders, Yang Group and Guoli Minsheng, though not triggering any general offer obligations.

More about Top Education Group Ltd.

Top Education Group Ltd. is an education services provider registered in New South Wales, Australia. The company is listed on the Hong Kong Stock Exchange and focuses on offering higher education services.

YTD Price Performance: -20.83%

Average Trading Volume: 115,294

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$136.7M

Learn more about 1752 stock on TipRanks’ Stock Analysis page.

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