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Chegg Announces Repurchase of 0% Convertible Senior Notes Due 2026
Businesswire· 2025-12-29 22:10
SANTA CLARA, Calif.--(BUSINESS WIRE)--Chegg, Inc. (NYSE:CHGG), the leading student-first connected learning platform, today announced that it has entered into individual, privately negotiated repurchase agreements with certain holders of its outstanding 0% Convertible Senior Notes due 2026 (the "Notes†) to repurchase approximately $8.9 million in aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately $8.3 million (the "notes repurchase transactions†). The notes r ...