17 Education & Technology Group Inc. Announces New Share Repurchase Program of Up to US$10 Million
17 Education & Technology Group (NASDAQ: YQ) announced that its board approved a new share repurchase program authorizing the buyback of up to US$10 million of its ordinary shares or ADSs over a 12-month period starting September 3, 2026. Repurchases may be made in the open market at prevailing prices, via privately negotiated transactions, block trades, or other legally permissible means, funded from the company's existing cash balance. The board will review the program periodically and may adjust its terms and size.
Key figures
- Program start
- 2026-09-03
- Funding source
- existing cash balance
- Program duration
- 12 months
- Buyback authorization usd
- 10000000
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