secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2025-09-10T23:59:59+00:00
Accession:  0001607939-25-000133
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Udemy announces $50 million share repurchase program effective immediately
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- Board approved repurchase of up to $50 million of common stock, effective immediately.
- CEO Hugo Sarrazin said program reflects 'strong conviction' in growth opportunity from AI-driven upskilling demand.
- Purchases may occur in open market or privately negotiated transactions, subject to market conditions.
- Board also authorized establishment of Rule 10b5-1 trading plans to permit repurchases during blackout periods.
- Repurchase program may be suspended or discontinued at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000133/0001607939-25-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000133/udmy-20250910.htm
  HTML page:      https://secwatch.observer/filing/0001607939-25-000133

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer