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四季教育宣布股票回购计划

    发布时间:2019-04-16 15:09:36

四季教育宣布董事会授权回购上限为1500万美元的美国存托股票
 
中国上海,2019年4月15日--四季教育(开曼)公司(以下简称“四季教育”或“公司”)(纽交所股票代码: FEDU),一家位于上海的小学课外数学教育服务提供商,今日宣布,自2019年4月15日生效,四季教育董事会(以下简称“董事会”)批准了一项股票回购计划,授权四季教育在未来的十二个月期间内回购总价不超过1,500万美元的美国存托股票形式(以下简称“ADS”)的普通股。四季教育计划以其可用营运资本,现有现金余额或未来经营活动带来的现金为回购计划提供资金。

四季教育董事长兼首席执行官田培庆先生表示:“随着我们继续在上海和全国范围内深耕课后教育市场,我们始终致力于为股东创造价值。新批准的股票回购计划使我们能够以有吸引力的价格回购股票。这次的股票回购计划也证明了我们对公司价值和长期前景的坚定信心。”

根据2019年的股票回购计划,股票回购可在各个时间通过多种方式进行,包括公开市场交易和私下协商交易。根据董事会授权,每股价格上限将由首席执行官或首席财务官酌情决定。股份回购计划可能会受公开市场价格影响,具体影响因素包括但不限于:股价、交易量、一般市况、本公司的营运资金需求、一般业务情况和其他因素,以及根据1934年证券交易法修订后的规则10b5-1和/或规则10b-18条款的所有因素。
 
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Safe Harbor Statement
This press release contains statements of a forward-looking nature. These statements, including the statements relating to the Company’s future financial and operating results, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. Among other things, management’s quotations and the Business Outlook section contain forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. Potential risks and uncertainties include, but are not limited to, those relating to its ability to attract new students and retain existing students, its ability to deliver a satisfactory learning experience and improving their academic performance, PRC regulations and policies relating to the education industry in China, general economic conditions in China, and the Company’s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by the Company is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1 filed in connection with its initial public offering.
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