OneSmart Announces CEO Share Purchase Plan
OneSmart International Education Group Limited ADS (ONE)
Company Research
Source: PR Newswire
SHANGHAI, Aug. 19, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 after-school education company in China, today announced that Mr. Xi (Steve) Zhang, chairman and chief executive officer of OneSmart, has informed the Company of his intention to use personal funds to purchase the Company's American depositary shares on the open market for an aggregate amount of US$10 to 20 million within the next 12 months, in accordance with applicable U.S. securities law and rules promulgated thereunder.Mr. Zhang commented, "I believe that this share purchase plan demonstrates my confidence in our growth strategy to further strengthen our leading position in China's premium K-12 after-school education market." About OneSmartFounded in 2008 and headquartered in Shanghai, OneSmart International Education Group Limited is a leading premium K-12 education company in China. Since commencement of our business, our visio
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