Coursera, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
On May 15, 2026, our Board approved the Repurchase Program authorizing Coursera to purchase up to$500 million of our common stock without an expiration date. Under the Repurchase Program, Coursera may repurchase shares of common stock from time to time through open market purchases, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The Repurchase Program has no expiration date and continues unless otherwise suspended or discontinued. The Repurchase Program may be suspended or discontinued at any time and does not obligate us to acquire any amount of common stock. To date, we have utilized our existing cash and cash equivalents to fund repurchases under the Repurchase Program.
The following table presents details of our monthly share repurchases for the third quarter of 2026:
| Period | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of publicly announced program | Approximate dollar value of shares that may yet be repurchased under the program |
|---|---|---|---|---|
| (in millions) · (in millions) · (in millions) | ||||
| July 1, 2026 - July 31, 2026 | 10.6 | $5.65 | 10.6 | $350.0 |
| August 1, 2026 - August 31, 2026 | 2.8 | $5.90 | 2.8 | $333.6 |
| September 1, 2026 - September 30, 2026 | 4.7 | $5.27 | 4.7 | $308.6 |
| Total | 18.1 | $5.59 | 18.1 | $308.6 |
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