Tranche Update on Grand Canyon Education, Inc.'s Equity Buyback Plan announced on March 4, 2016.
May 05, 2021 at 04:09 pm EDT
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From January 1, 2021 to March 31, 2021, the company has repurchased 567,255 shares, representing 1.23% for $58.13 million. With this, the company has completed the repurchase of 2,673,959 shares, representing 5.68% for $234.85 million under the buyback announced on March 4, 2016.
Grand Canyon Education, Inc. is an education services company, which primarily serves colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services, and field experience counseling. The Company provides marketing and communication services that include lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis. Its back-office services include finance and accounting, human resources, audit and procurement.
GRAND CANYON EDUCATION, INC. 
