Laureate Education (LAUR) Increases Share Buyback by $100M
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LAUREATE EDUCATION ANNOUNCES INCREASE TO SHARE REPURCHASE PROGRAM
December 14, 2021 4:33 PM ESTBALTIMORE, Dec. 14, 2021 /PRNewswire/ --Â Laureate Education, Inc. (NASDAQ: LAUR)Â (the "Company") today announced that its board of directors approved an increase in the Company's existing share repurchase program, from $500 million to $600 million, to acquire shares of the Company's Common Stock. Â The Company has repurchased approximately $435 million of shares under the authorization to-date.
The Company expects to finance the additional $100 million of repurchases with cash on-hand or from its revolving credit facility, or a combination thereof. Â The Company also expects to complete... More
