Coursera approved a $500 million share repurchase programme, its first buyback since going public in 2021. The board approved the programme on 18 May 2026 and will fund it using existing cash balances and cash flow from operations, with no fixed expiration date. The buyback was announced one week after Coursera completed its all-stock merger with Udemy valued at about $2.5 billion. The merger created a combined skills platform and resulted in Udemy stockholders receiving 0.800 shares of Coursera common stock for each Udemy share. The combined company claims more than 290 million registered learners, 95,000 instructors and content creators, and hundreds of university and industry partners across more than 315,000 courses. Coursera and Udemy continue operating separately for now, with accounts, subscriptions, and agreements remaining on their respective platforms.
"Coursera has announced a $500 million share repurchase programme, its first buyback since going public in 2021 and one that arrives exactly one week after the online learning company completed its merger with Udemy. The board approved the programme on Sunday 18 May 2026, funding it from existing cash balances and cash flow from operations, with no fixed expiration date."
"By launching a buyback days after absorbing a competitor in a $2.5 billion all-stock deal, Coursera is signalling to shareholders that it believes the combined company's stock is undervalued and that it has enough cash to return capital while integrating a major acquisition. COUR shares have been trading around $5.90, well below the 52-week high of $13.56 and near the bottom of its range since listing."
"Coursera closed its combination with Udemy on 11 May 2026, creating what it describes as the world's most comprehensive skills platform. Udemy stockholders received 0.800 shares of Coursera common stock for each Udemy share, a structure that left former Coursera shareholders holding approximately 59 per cent of the combined entity and former Udemy shareholders holding roughly 41 per cent. The merger was valued at approximately $2.5 billion."
"The combined company now claims more than 290 million registered learners, 95,000 instructors and content creators, and hundreds of university and industry partners across more than 315,000 courses. Both platforms will continue to operate separately for now, with learners, instructors, and enterprise customers retaining their existing accounts, subscriptions, and agreements on Coursera.org and Udemy.com respectively. Integration will come later, though the company h"
Read at TNW | Business
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