New Oriental Education announces three-year shareholder return plan

The board approved a three-year shareholder return plan, effective from the fiscal year 2026. Under this plan, no less than 50% of the company’s net income attributable to New Oriental for the preceding fiscal year will be dedicated to returning value to shareholders, including through dividend distribution and/or share repurchases. The board will reevaluate this plan upon its expiration. For FY26, the board will determine the implementation of this plan based on the net income attributable to New Oriental for the fiscal year ended May 31 in due course.