RYB Announces Share Repurchase Program
RYB Education, Inc. American depositary shares, each representing one Class A ordinary share (RYB)
Last ryb education, inc. american depositary shares, each representing one class a ordinary share earnings: 3/30 08:00 pm
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US:NYSE Investor Relations:
ir.rybbaby.com
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Source: PR Newswire
BEIJING, Dec. 18, 2018 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, announced today that its board of directors approved a share repurchase program whereby the Company is authorized to buyback its ordinary shares, in the form of American depositary shares, for an aggregate value of up to $12 million over the next 12 months. The proposed share repurchase may be effected on the open market at prevailing market prices and/or in negotiated transactions off the market from time to time as market conditions warrant in accordance with applicable requirements of Rule 10b-18 and/or Rule 10b-5 under the U.S. Securities Exchange Act of 1934, as amended.?Ms. Ping Wei, Chief Financial Officer of RYB, said, "We are fully committed to providing high-quality early childhood educational products and services for our children, and we firmly believe that the educational value of our products and services are full
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