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Laureate Education (NASDAQ:LAUR) – Laureate Education Board – Press Release

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  • Laureate Education Inc LAUR said approved by its board of directors the payment of a special cash payment of $0.83 per share.
  • The special cash distribution is payable on October 12, 2022, to each registered holder on September 28, 2022.
  • The total amount of the distribution is expected to be approximately $137 million.
  • The distributed proceeds reflect the release of $71.7 million in trust from the Company’s sale of Walden e-Learning LLC.
  • Price promotion: LAUR shares closed down 1.05% at $11.28 on Wednesday.

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