Chegg repurchases $8.9M of 2026 convertible notes at $8.3M cash discount

CHEGG, INC

Repurchased ~$8.9M aggregate principal of 0% Convertible Senior Notes due 2026 for ~$8.3M in cash.
Transaction expected to close December 30, 2025, under existing share repurchase program.
After closing, ~$53.9M principal of the 2026 Notes will remain outstanding.
Approximately $141.8M remains available under the securities repurchase program.

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