Adtalem Global Education (ATGE) Announces $300M Share Offering

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Adtalem Global Education Announces New $300 Million Share Repurchase Program

January 19, 2024 8:00 AM EST

The new share repurchase program, which comes after the completion of the February 2022 Board-authorized $300 Million Share Repurchase Program, reflects the strength of Adtalems Growth with Purpose strategy. Since February 2022 the company reduced shares outstanding by 23% at an average share repurchase price of $39.85.

CHICAGO--(BUSINESS WIRE)-- Adtalem Global Education Inc. (NYSE: ATGE), today announced that its Board of Directors has authorized a new share repurchase program, which allows Adtalem to repurchase up to $300 million of its common stock through Jan. 16, 2027.

We have completed our $300 million February 2022 share repurchase authorization,... More