Sunlands Technology (STG) news

Scandinavian Tobacco Group A/S completes the divestment of Break and Moro and raises the free cash flow guidance for 2026.

Scandinavian Tobacco Group A/S has completed the divestment of its fine-cut tobacco brands BREAK and Moro to Japan Tobacco Inc. for pre-tax enterprise value of DKK 1.3 billion (or €176 million). The transaction, which was announced in July 2026 and expected to close by year-end, has now been…

Sunlands Technology Group announces unaudited second quarter 2026 financial results

Sunlands Technology Group (NYSE: STG) has released its unaudited financial results for the second quarter ended June 30, 2026. The company, a leading provider of adult online education and personal interest learning services in China, reported its performance amid ongoing strategic adjustments and…

Sunlands Technology Q2 net income RMB 83.5 million

Sunlands Technology Q2 gross billings RMB 286.2 million

Sunlands Technology Group (NYSE: STG) reported unaudited financial results for the second quarter ended June 30, 2025, revealing a year-over-year increase in key financial metrics. Gross billings for the quarter reached RMB400.3 million (US$55.9 million), up from RMB383.9 million in the second…

AGM approves share buyback program of up to 50 mln zlotys

Universal Music Group N.V. (EURONEXT: UMG) has announced the initiation of a share buyback program with a total value of €500 million, aimed at repurchasing the company’s own shares. The program, which commenced on April 1, 2026, is expected to be completed by October 1, 2026, and will be executed…