Chegg Announces New $150 Million Accelerated Share Repurchase
Chegg, Inc., the leading student-first connected learning platform, today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with Morgan Stanley Bank, National Association, to repurchase $150 million of Chegg’s common stock Under the ASR, Chegg will make an initial payment of $150 million to Morgan Stanley......
