2023-08-16 16:39:24 ET
- Chegg Inc ( NYSE: CHGG ) on Wednesday announced its board of directors has authorized an increase of $200 million as part of its securities repurchase program.
- The program allows Chegg to buy back its common stock and/or convertible notes.
- In addition to this increased $200 million securities repurchase authorization, Chegg has about $89 million remaining from its previously announced $2 billion securities repurchase program.
- Source: Press Release
For further details see:
Chegg announces increased authorization of securities repurchase program by $200M