Quantasing group limited announces up to us$20.0 million share repurchase program

Beijing, june 09, 2023 (globe newswire) -- quantasing group limited (nasdaq: qsg) (“quantasing” or the “company”), a leading online learning service provider in china, today announced that its board of directors (the “board”) has authorized a share repurchase program under which the company may repurchase up to us$20.0 million of its class a ordinary shares in the form of american depositary shares (“adss”) during a twelve-month period commencing on june 9, 2023 (the “share repurchase program”).
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