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New Oriental Education & Technology Group, Inc. ( (HK:9901) ) has issued an update.
New Oriental Education & Technology Group Inc. has announced an amendment to its 2016 Share Incentive Plan, effectively doubling the maximum number of common shares issuable from 100 million to 200 million, and extending the plan’s term from 10 years to 15 years. This move, approved by the company’s board of directors, is likely to enhance the company’s capacity to attract and retain talent, potentially strengthening its market position and operational capabilities.
More about New Oriental Education & Technology Group, Inc.
New Oriental Education & Technology Group Inc. is a company engaged in the education and technology sector, primarily providing educational services and products. The company operates with a focus on the Chinese market and is known for its diverse offerings in language training, test preparation, and other educational services.
YTD Price Performance: -26.72%
Average Trading Volume: 913
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.23B
For detailed information about 9901 stock, go to TipRanks’ Stock Analysis page.
