New Oriental Announces Special Cash Dividend
Ticker: NWOEF · Form: 6-K · Filed: Aug 19, 2024 · CIK: 1372920
| Field | Detail |
|---|---|
| Company | New Oriental Education & Technology Group INC. (NWOEF) |
| Form Type | 6-K |
| Filed Date | Aug 19, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, special-dividend, shareholder-return
Related Tickers: EDU
TL;DR
EDU declares special dividend, details to follow.
AI Summary
New Oriental Education & Technology Group Inc. announced on August 19, 2024, a special cash dividend. The dividend details, including the amount and payment date, are expected to be disclosed in a subsequent press release. This announcement was made via a Form 6-K filing with the SEC.
Why It Matters
The declaration of a special cash dividend can signal strong financial health and a commitment by the company to return value to its shareholders.
Risk Assessment
Risk Level: low — This filing is an informational report of a dividend announcement and does not contain significant new financial or operational risks.
Key Players & Entities
- New Oriental Education & Technology Group Inc. (company) — Filer of the report and issuer of the dividend
- Stephen Zhihui Yang (person) — Executive President who signed the report
- August 19, 2024 (date) — Date of the filing and announcement
FAQ
What is the amount of the special cash dividend?
The specific amount of the special cash dividend was not disclosed in this Form 6-K filing; it is expected to be announced in a subsequent press release.
When will the special cash dividend be paid?
The payment date for the special cash dividend was not specified in this filing and is expected to be detailed in a future press release.
What is the purpose of this Form 6-K filing?
This Form 6-K filing serves as a report of a foreign private issuer, announcing the company's intention to issue a special cash dividend.
Who is Stephen Zhihui Yang and what is his role?
Stephen Zhihui Yang is the Executive President of New Oriental Education & Technology Group Inc. and signed the Form 6-K report on behalf of the company.
Does this filing include an annual report?
No, this filing is a Form 6-K, which is a report of foreign private issuers pursuant to Rule 13a-16 or 15d-16. The company indicates it files annual reports under cover of Form 20-F.
Filing Stats: 166 words · 1 min read · ~1 pages · Grade level 11.7 · Accepted 2024-08-19 06:07:57
Filing Documents
- d845139d6k.htm (6-K) — 7KB
- d845139dex991.htm (EX-99.1) — 4KB
- 0001193125-24-202438.txt ( ) — 13KB
From the Filing
Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission File Number: 001-32993 NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. No. 6 Hai Dian Zhong Street Haidian District Beijing 100080, Peoples Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-FForm 40-F Exhibit Index Exhibit 99.1 Press Release New Oriental Announces a Special Cash Dividend SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. New Oriental Education & Technology Group Inc. By: /s/ Stephen Zhihui Yang Name: Stephen Zhihui Yang Title: Executive President and Chief Financial Officer Date: August 19, 2024 [Signature Page to 6-K]