Bright Horizons authorizes up to $400M share repurchase program, replacing prior $300M authorization

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

Board authorized new $400M share repurchase program on Dec 16, 2021.
Replaces $300M program from June 2018, of which only $0.2M remained.
Repurchases may occur via open market, private deals, or 10b5-1 plans.
Program has no expiration; may be suspended, modified, or ended anytime.
Shares repurchased under the program will be retired.

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