---
schema_version: "secwatch.filing_event.v1"
accession: "0000730464-25-000005"
form_type: "8-K"
ticker: "CVSA"
cik: "0000730464"
company_name: "Covista Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T15:22:41.274514+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Adtalem authorizes $150M new buyback; completes $300M prior program, returns $763M since 2022

## Summary
- Board authorized $150M share repurchase program, expiring May 2028.
- Prior $300M buyback program completed on May 5, 2025, ahead of original Jan 2027 expiry.
- Since Feb 2022, $763M returned to shareholders; shares outstanding reduced by 28% at avg $49/share.
- About 36M shares outstanding as of May 5, 2025.
- Q3 FY2025 earnings call scheduled for May 8, 2025 after market close.

## SEC filing metadata
- accession: 0000730464-25-000005
- form_type: 8-K
- ticker: CVSA
- cik: 0000730464
- company_name: Covista Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730464/000073046425000005/0000730464-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730464/000073046425000005/atge-20250506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000730464-25-000005
- JSON: https://secwatch.observer/filing/0000730464-25-000005.json
- Plain text: https://secwatch.observer/filing/0000730464-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.