Laureate Education announces $100M share repurchase plan

Laureate Education announced that its board of directors has approved a new stock repurchase program to acquire up to $100M of the company’s common stock. The Company intends to finance the repurchases with free cash flow, excess cash and liquidity on-hand, including available capacity under its Revolving Credit Facility. The company has completed the $100M repurchase program that had previously been announced in February 2024. After giving effect to this new authorization, the company will have returned nearly $3B of capital to shareholders since the beginning of 2019 through a combination of share repurchases, cash distributions and cash dividends.