Coursera Inc. (COUR) Announces $95M Share Buyback

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Coursera Announces Share Repurchase Program

April 27, 2023 4:11 PM EDT

Program authorizes up to $95 million of shares of common stock to be repurchased

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Coursera, Inc. (NYSE: COUR) today announced that its Board of Directors approved a share repurchase program with authorization to purchase up to $95 million of the Companys 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.

Our capital allocation priorities remain firmly focused on our long-term growth... More