DeVry Education Group Buyback
OLI recorded this information on 2/16/2017
Company:
DeVry Education Group
Buyback:
DV buyback
$Amount Authorized:
$300,000,000
Buyback Details:
DeVry Education Group (NYSE:DV), a leading global education provider, today announced that its board of directors has approved its tenth share repurchase program, which allows DeVry Group to repurchase up to $300 million of its common stock through December 31, 2020. In conjunction with the new program, which replaces DeVry Group's previously approved $100 million share repurchase authorization, the company will cease its bi-annual cash dividend payment.
DoubleVerify Holdings is a holding company. Through its subsidiaries, Co. is a software platform for digital media measurement and analytics. Co.'s proprietary DV Authentic Ad metric is its definitive metric of digital media quality, which measures whether a digital ad is displayed in a fraud-free, brand-suitable environment and is viewable in the intended geography. Co.'s software platform delivers this metric to its customers in real time, allowing them to access critical performance data on their digital ads. Co.'s software platform is integrated across the entire digital advertising ecosystem, including programmatic platforms, social media channels and digital publishers.
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Strong Buy (3.79 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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