Laureate Education agrees to buy 2,114,928 shares from Snow Phipps funds
Effective May 6, 2024, Laureate Education agreed to buy 2,114,928 common shares from six Snow Phipps Group entities at $14.64 per share, a total of $30,958,422. The shares will be repurchased under the company's existing $100 million share repurchase program, announced February 22, 2024. The filing states that about $36.1 million of authorization will remain after the purchase, so the deal uses a portion of the program's capacity.
Key points
- Purchase price of $14.64 per share, for an aggregate $30,958,422 across 2,114,928 shares
- Shares are repurchased under the $100 million program announced February 22, 2024
- About $36.1 million of authorization remains under the program after this purchase
- Agreement effective May 6, 2024; filed with the SEC on May 7, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.