OneSmart International Education Group Limited Buyback
OLI recorded this information on 4/29/2019
Company:
OneSmart International Education Group Limited
Buyback:
ONE buyback
$Amount Authorized:
$50,000,000
Buyback Details:
OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading diversified premium K-12 after-school education service provider in China, today announced that its board of directors has authorized a share repurchase program to repurchase up to US$50.0 million worth of its shares over the next 12 months, subject to market conditions.
OneSmart International Education Group is a holding company. Through its subsidiaries, Co. provides K-12 after-school education service in People's Republic of China. Co. has built a K-12 after-school education platform that encompasses its OneSmart VIP business, OneSmart Young Children Education business including HappyMath primarily focusing on young children mathematics training services and FasTrack English focusing on young children English training services. As part of its OneSmart VIP business, Co. also provides tutoring programs covering subjects taught at international schools and training for English language tests under the brand of OneSmart International Education.
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Hold (2.00 out of 4) 47th percentile
(ranked lower than approx. 53% of all stocks covered)
Analysts' Target Price: ONE Stock Forecast Based on Zacks ABR data; powered by Xignite |