LAUR - Laureate Education expands share repurchase program by $50M
Laureate Education (NASDAQ:LAUR) has expanded its share repurchase authorization by $50M to $650M aggregate. The company has repurchased ~$530M of shares under the authorization to-date. The additional $50M of repurchases will be funded using cash on-hand or from its revolving credit facility, or a combination thereof. Laureate also expects to complete the repurchase program by the end of 2022, dependent on market conditions.
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Laureate Education expands share repurchase program by $50M