Tranche Update on Coursera, Inc.'s Equity Buyback Plan announced on April 27, 2023.
May 02, 2024 at 04:15 pm EDT
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From January 1, 2024 to March 31, 2024, the company has repurchased 431,783 shares, representing 0.28% for $6.04 million. With this, the company has completed the repurchase of 5,261,586 shares, representing 3.49% for $64.48 million under the buyback announced on April 27, 2023.
Coursera, Inc. provides an online learning platform that connects learners, educators, and institutions, providing educational content that is accessible and relevant. The Company's segments include Consumer, Enterprise, and Degrees. The Company provides a range of learning content and credentials, including Clips, Guided Projects, Specializations, courses, and certificates that can build towards a broader course of study such as a degree or postgraduate diploma. Its offerings include Coursera.org for Individuals, Coursera for Enterprise, Coursera for Business, Coursera for Campus and Coursera for Government. It offers a portfolio of entry-level Professional Certificates from Google, IBM, Intuit, Meta, Microsoft, and Salesforce that help develop the skills needed to land entry-level digital jobs in information technology, cybersecurity, data science, marketing, sales, design, and software engineering and development without requiring a college degree or any experience in the field.