---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-020367"
form_type: "8-K"
ticker: "LINC"
cik: "0001286613"
company_name: "LINCOLN EDUCATIONAL SERVICES CORP"
filed_at: "2022-05-24T23:59:59+00:00"
generated_at: "2026-06-25T07:32:44.805192+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lincoln Educational Services authorizes $30M share repurchase program

## Summary
- Board authorized up to $30M of common stock repurchases over twelve months.
- Repurchases may be made in open-market or privately negotiated transactions.
- Company expects to fund repurchases from cash on hand and operations.
- Shares acquired will be cancelled and returned to authorized but unissued status.
- Credit agreement amended to permit repurchases under the new program.

## SEC filing metadata
- accession: 0001140361-22-020367
- form_type: 8-K
- ticker: LINC
- cik: 0001286613
- company_name: LINCOLN EDUCATIONAL SERVICES CORP
- filed_at: 2022-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1286613/000114036122020367/0001140361-22-020367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1286613/000114036122020367/brhc10038031_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-020367
- JSON: https://secwatch.observer/filing/0001140361-22-020367.json
- Plain text: https://secwatch.observer/filing/0001140361-22-020367.txt

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