dividend
confidence high
sentiment positive
materiality 0.50
Laureate Education approves special cash dividend of $0.68 per share (~$112M total)
LAUREATE EDUCATION, INC.
- Special dividend of $0.68/share declared, payable Nov 17, 2022 to holders of record Nov 4, 2022.
- Aggregate dividend expected to be ~$112 million based on current shares outstanding.
- CEO Eilif Serck-Hanssen cites strong growth and solid financial position enabling capital return.
- Board also adjusted equity awards: option exercise prices reduced by $0.68/share; cash for unvested stock units upon vesting.