- Four Seasons Education (Cayman) Inc FEDU board of directors has approved a share repurchase of its ordinary shares in the form of ADSs of up to $15.0 million during the next twelve-month period.
- The company plans to fund the repurchase program with available working capital, existing cash balance, or future cash provided by operating activities.
- The company held $63.3 million in cash and equivalents as of February 28, 2021.
- Price Action: FEDU shares are trading higher by 29.3% at $0.75 on the last check Thursday.
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