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Why Is EDU Holdings Delisting and Offering a $12.4M Share Buy-Back?

2:16am on Monday 2nd of June, 2025 AEST Education
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Why Is EDU Holdings Delisting and Offering a $12.4M Share Buy-Back?

2:16am on Monday 2nd of June, 2025 AEST
Key Points
  • ASX approves EDU Holdings' voluntary delisting request subject to shareholder vote
  • Shareholders to vote on delisting and equal access off-market buy-back on 23 June 2025
  • Buy-back offer of up to 75 million shares at $0.165 per share valued at $12.4 million
  • Additional buy-back planned for unmarketable parcels of shares
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