New Oriental Education (EDU) Misses Q1 EPS by 10c, Revenues Beat; Offers 2Q Revenue Outlook Below Consensus

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New Oriental Education (EDU) Founder & Executive Chairman Michael Minhong Yu to Commence Max $30M ADS Buyback Over Next Three Months

October 25, 2018 8:01 AM EDT

New Oriental Education and Technology Group Inc. (NYSE: EDU) today announced that its founder and executive chairman Michael Minhong Yu has informed the Company of his intention to use his personal funds to purchase the Company's American depositary shares ("ADS") on... More

New Oriental Education (EDU) Announces Up to $200M Share Buyback Authorization

October 23, 2018 5:50 AM EDT

On October 22, 2018, New Oriental Education & Technology Group Inc.'s (NYSE: EDU) board of directors authorized the repurchase of up to US$200 million of the Company's common shares during the period from October 29, 2018 through May 31, 2019.

This share repurchase program authorizes the Company... More