CLSA Downgrades New Oriental Education (EDU) to Outperform

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Go back to CLSA Downgrades New Oriental Education (EDU) to Outperform

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