Jianzhi Education Announces Share Repurchase Program
Details of the Buyback Program:
- Purpose: The repurchase program is designed to enhance shareholder value by reducing the number of outstanding shares, thereby increasing earnings per share and potentially supporting the stock price.
- Volume: The company plans to buy back shares up to a certain limit, which will be determined based on market conditions, stock price, and the company's financial position.
- Conditions: The buyback will be conducted under standard market conditions, adhering to legal and regulatory frameworks, including:
Timing: Purchases will occur at management's discretion, in compliance with SEC regulations and other applicable securities laws.
Price: Shares will be repurchased at prevailing market prices or through negotiated transactions, ensuring no market manipulation.
Method: The company may use open market purchases, private negotiations, or tender offers to execute the buyback. - Funding: The buyback will be funded from the company's existing cash reserves, and the program's size will be adjusted according to cash flow and capital requirements for ongoing operations and strategic investments.
Statement from Leadership:
"We believe that our current stock price does not fully reflect the intrinsic value and future potential of Jianzhi Education," said
About Jianzhi Education Technology Group Company Limited
Headquartered in Beijing and established in 2011, Jianzhi is a leading provider of digital educational content in China and has been committed to developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. Jianzhi started operations by providing educational content products and IT services to higher education institutions. Jianzhi also provides products to individual customers. Leveraging its strong capabilities in developing proprietary professional development training content and success in consolidating educational content resources within the industry, Jianzhi has successfully built up a comprehensive, multi-dimensional digital educational content database, which offers a wide range of professional development products. Jianzhi embeds proprietary digital education content into the self-developed online learning platforms, which are provided to a wide range of customers through its omni-channel sales system. Jianzhi is also fully committed to the digitalization and informatization of the education sector in China. For more information, please visit: www.jianzhi-jiaoyu.com.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs, plans, and expectations, are forward-looking statements. Such statements are based on management's current expectations and current market and operating conditions, and involve known and unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Website: www.jianzhi-jiaoyu.com
View original content:https://www.prnewswire.com/news-releases/jianzhi-education-announces-share-repurchase-program-302902603.html
SOURCE Jianzhi Education Technology Group Company Limited
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jianzhi Education announces share repurchase program
- Biofrontera files sNDA to expand Ameluz use to full-body skin lesions
- Zhibao Technology announces 1-for-50 reverse stock split
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Stock Buyback, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share