Chegg repurchases $20M of 0% convertible notes due 2026 for $19.4M

CHEGG, INC

Repurchased $20M principal of 0% Convertible Senior Notes due 2026 for cash of $19.4M.
Transaction expected to close February 20, 2026; $33.9M in notes to remain outstanding.
$122.4M remains available under Chegg's securities repurchase program.
Notes repurchase is part of previously announced capital return program.

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