Coursera Inc
For the period ended Jun 30, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 1, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
On April 26, 2023, our board of directors approved a share repurchase program with authorization to purchase up to $95 million of our common stock with no expiration date (the “Repurchase Program”). In May 2024, we completed the purchase authorization under the Repurchase Program, which was funded with our existing cash and cash equivalents.
The following table presents details of our monthly share repurchases for the three months ended June 30, 2024:
| Period | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of publicly announced program | Approximate dollar value of shares that may yet be repurchased under the program |
|---|---|---|---|---|
| (in thousands) | ||||
| April 2024 | 1,135,280 | $13.87 | 1,135,280 | $14,892 |
| May 2024 | 1,532,737 | $9.74 | 1,532,737 | $— |
| June 2024 | — | $— | — | $— |
| Total | 2,668,017 | $11.49 | 2,668,017 | $— |
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