07:34 AM EDT, 09/13/2024 (MT Newswires) -- Laureate Education ( LAUR ) said Friday the board authorized a new plan for the buyback of up to $100 million of its common shares.

The new program follows the completion of a $100 million buyback plan declared in February, the company said.

Laureate Education ( LAUR ) plans to fund the buybacks through free cash flow, excess cash, and liquidity on hand, it added.

Price: 15.68, Change: +0.43, Percent Change: +2.82