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New Oriental Board Approved A Special Cash Dividend Of $0.6/ADS

Author: Benzinga Newsdesk | August 19, 2024 05:19am

New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE:EDU), a provider of private educational services in China, today announced that its board of directors has approved a special cash dividend of US$0.06 per common share, or US$0.6 per ADS, to holders of common shares and ADSs of record as of the close of business on September 9, 2024, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the cash dividend to be paid will be approximately US$100 million. 

Posted In: EDU


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