LRN · 10-Q · 2026Q1 · Full report

Capital Return Program

Stride, Inc. · 2026-04-29 · Importance 71 · Surprise 60

On November 3, 2025 Stride’s board authorized a stock repurchase program of up to $500 million of the company’s common stock through October 31, 2026. Share repurchases may be executed in open market transactions, privately negotiated transactions or otherwise, and may be funded by cash on hand and cash generated from operations. The authorization materially increases potential uses of cash and was followed by actual treasury stock purchases reported in the period. The program establishes a framework under which the company may deploy substantial capital toward buybacks during the authorization window.

Key facts

• On November 3, 2025 the board authorized a stock repurchase program for the purchase of up to $500 million of the Company’s common stock until October 31, 2026.
• During the nine months ended March 31, 2026 the Company purchased treasury stock costing $88.7 million.
• During the nine months ended March 31, 2026 the Company increased repurchases of restricted stock for income tax withholding by $15.5 million.

Impact estimates