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Laureate Education To Buy Back Up To $100 Mln Of Shares

September 13, 2024 — 06:33 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Laureate Education, Inc. (LAUR) Friday announced a new share buyback of up to $100 million.

The company plans to fund the buyback using available cash and revolving credit facility. It has completed its previous share repurchase program of up to $100 million in February this year.

Laureate Education has returned nearly $3 billion to shareholders through share repurchases, cash distributions and dividends since 2019.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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