- 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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