Chegg announces increased authorization of securities repurchase program by $200 million

Santa clara, calif.--(business wire)--chegg, inc. (nyse: chgg), the leading student-first connected learning platform, today announced its board of directors has authorized an increase of $200 million as part of its securities repurchase program. the program allows chegg to buy back its common stock and/or convertible notes, through open market purchases, block trades and/or in privately negotiated transactions or pursuant to rule 10b5-1 plans, in compliance with applicable securities laws and.
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