Lincoln Educational Adopts $30M Share Buyback Program

by Shivani Kumaresan, Benzinga Staff Writer

May 24, 2022 1:47 PM | 1 min read | Make a Comment

Lincoln Educational Services Corp LINC Board of Directors has authorized a share repurchase program of up to $30 million of the company's outstanding common stock.
The repurchase program has been authorized for twelve months.
The company will make the purchases from time to time, in open-market transactions at prevailing market prices, in privately negotiated transactions, or by other means.
LINC held $65.6 million in cash and equivalents as of March 31, 2022.
Price Action: LINC shares are trading higher by 4.34% at $5.29 on the last check Tuesday.

Posted In: News Buybacks Briefs Consumer Discretionary Education Services

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.