Adtalem plans $150m accelerated share repurchase program and additional $300m open market share repurchase program; approximately $770m of net proceeds from pending financial services segment divestiture will be used to pay down debt

Chicago--(business wire)--adtalem global education inc. (nyse: atge), a leading healthcare educator, today announced its intent to enter into an accelerated share repurchase (asr) agreement to repurchase an aggregate of $150 million of adtalem's common stock, which will be funded with existing cash. in addition, the company intends to deploy approximately $770 million of the approximately $820 million in net proceeds from the pending divestiture of the financial services segment to pay down deb
ATGE Ratings Summary
ATGE Quant Ranking