Reuters logo
BRIEF-RYB education provides update on improper conduct allegations
November 24, 2017 / 12:38 PM / in 19 days

BRIEF-RYB education provides update on improper conduct allegations

Nov 24 (Reuters) - RYB Education Inc

* RYB Education provides an update on a recent case; announces $50 million share buyback program

* RYB Education says ‍provided an update on allegations of improper conduct toward children enrolled in a class at a RYB-operated kindergarten in Beijing​

* RYB Education says established special task force under leadership of independent directors to conduct self-inspection across all teaching facilities​

* RYB Education Inc - ‍ expects to fund $50 million share buyback program out of its existing cash balance​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below