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New Oriental | SC 13G: Statement of acquisition of beneficial ownership by individuals-FMR LLC(5.250%),Abigail P. Johnson(5.250%)

SEC announcement ·  Feb 10 03:39
Summary by Futu AI
FMR LLC has filed an SC 13G form with the Securities and Exchange Commission (SEC), disclosing a 5.250% stake in New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China. The filing, dated February 8, 2024, indicates that FMR LLC beneficially owns 89,227,574 shares of New Oriental's common stock. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the company. Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and through the Johnson family's ownership of voting shares and a shareholders' voting agreement, may be deemed to have a controlling influence over FMR LLC. The filing includes a list of entities under FMR LLC that hold shares in New Oriental, such as FIAM LLC and Fidelity Management & Research Company LLC, among others.
FMR LLC has filed an SC 13G form with the Securities and Exchange Commission (SEC), disclosing a 5.250% stake in New Oriental Education & Technology Group Inc. (New Oriental), a leading provider of private educational services in China. The filing, dated February 8, 2024, indicates that FMR LLC beneficially owns 89,227,574 shares of New Oriental's common stock. The document clarifies that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the company. Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and through the Johnson family's ownership of voting shares and a shareholders' voting agreement, may be deemed to have a controlling influence over FMR LLC. The filing includes a list of entities under FMR LLC that hold shares in New Oriental, such as FIAM LLC and Fidelity Management & Research Company LLC, among others.
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