Coursera announced that its Board of Directors approved a share repurchase program with authorization to purchase up to $95M of the company’s common stock. The share repurchase program is designed to reduce the impact of share dilution from one-time employee stock issuances granted in 2022 to attract, retain, and motivate key talent.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on COUR:
- Fly Insider: Fate Therapeutics, Atlassian among week’s notable insider trades
- DA Davidson sees strong upside potential to Q1 guidance for Coursera
- Udemy price target lowered to $14 from $15 at Morgan Stanley
- 2U price target lowered to $10 from $11 at Morgan Stanley
- Coursera price target lowered to $17 from $18 at Morgan Stanley