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New Oriental Board of Directors approves expansion of stock repurchase plan

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On August 6th, Southern Finance and Economics announced that New Oriental's board of directors has approved an adjustment to its stock repurchase plan. According to the adjustment, the total value of stocks authorized for repurchase under the stock repurchase plan has increased from $400 million to $700 million. The expanded stock repurchase plan is valid until May 31, 2025.
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