Coursera Board Approves $500M Share Buyback

Dow Jones05-19 00:53
 

By Kelly Cloonan

 

Coursera's board has authorized the repurchase of up to $500 million of the company's common stock.

The online-education company said Monday the buyback shows its confidence in its strategy and future cash flow. The company said it expects its scale after its merger with Udemy, as well as its financial position and expected future cash flows, will allow it to return capital to shareholders and invest for growth.

The company expects to fund repurchases with existing cash balances and cash flow from operations. The repurchase program has no expiration date, the company said.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

May 18, 2026 12:53 ET (16:53 GMT)

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