Sunlands Technology Group
For the period ended Mar 22, 2024. Filed Mar 22, 2024.
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Mar 22, 2024 · Filed Mar 22, 2024
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EX-99.1 · Share Repurchase
Share Repurchase
On December 6, 2021, the Company’s board of directors authorized a share repurchase program, under which the Company may repurchase up to US$15.0 million of Class A ordinary shares in the form of ADSs over the next 24 months. On December 1, 2023, the Company’s board of directors authorized to extend its share repurchase program over the next twenty-four months. As of March 19, 2024, the Company had repurchased an aggregate of 496,586 ADSs for approximately US$2.5 million under the share repurchase program.
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