DeVry Education Group (DV) Announces $100M Stock Buyback Plan
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DeVry Group Authorizes Ninth Share Repurchase Program
December 15, 2015 12:00 PM ESTDOWNERS GROVE, Ill.--(BUSINESS WIRE)-- DeVry Education Group (NYSE: DV), a global provider of educational services, today announced that its board of directors approved its ninth share repurchase program, which allows DeVry Group to repurchase up to $100 million of its common stock through Dec. 31, 2017.
Todays announcement marks a continuation of our balanced approach to capital allocation, said Daniel Hamburger, president and CEO of DeVry Education Group. Over the past three fiscal years we have returned $156 million to shareholders through share repurchases and dividends, invested $280 million in capital expenditures to support academic quality and... More
