What is the total size of Phoenix Education Partners' buyback authorization?

The Board of Directors authorized $50 million in aggregate repurchases. As of May 31, 2026, $46 million remained available under the program after $4 million was spent in Q3 2026.

How many shares did Phoenix repurchase in Q3 2026?

The company repurchased 0.1 million shares (100,000 shares) for a total of $4.0 million at an average price of $29.29 per share during the third quarter.

How does this buyback relate to Phoenix Education Partners' dividend policy?

The company is executing both a share repurchase program and a quarterly dividend of $0.21 per share, representing a balanced approach to capital returns. These dual mechanisms provide flexibility in returning value to shareholders.

What was Phoenix Education Partners' liquidity position when the program was announced?

As of May 31, 2026, the company reported total cash and cash equivalents of $155.0 million plus $111.4 million in marketable securities, totaling $269.4 million. Operating cash flow for the first nine months of 2026 was $116.7 million.

When did Phoenix Education Partners' IPO occur?

The company completed its IPO on October 10, 2025, selling 4.9 million shares (including underwriter options) at $32.00 per share. The current Q3 buyback average price of $29.29 reflects a slight decline from the IPO price.

PXED 8-K Filed 2026-07-14 New authorization

Phoenix Education Partners authorizes $50M share repurchase program

Board approves stock buyback; company repurchased 0.1M shares at $29.29 average in Q3 2026

Authorization$50M

Remaining$46M

MechanismRule 10b5-1 trading plans, ope

What the filing says

Phoenix Education Partners, Inc. announced that its Board of Directors adopted a share repurchase program authorizing up to $50 million in aggregate repurchases of common stock. The authorization was announced in the company's third-quarter fiscal 2026 earnings release on July 14, 2026.

During the third quarter ended May 31, 2026, the company repurchased 0.1 million shares under the program for an aggregate purchase price of $4.0 million, representing an average per-share price of $29.29. As of May 31, 2026, $46.0 million remained available under the authorization. The company stated that repurchases may be executed through open-market purchases, privately negotiated transactions, or other methods, including Rule 10b5-1 trading plans, subject to market conditions and applicable legal requirements.

The buyback program comes as Phoenix Education Partners manages capital returns to shareholders alongside a quarterly dividend of $0.21 per share. The company reported third-quarter net revenue of $271.8 million and net income of $39.2 million, or $1.01 diluted earnings per share.

During third quarter 2026, the Company announced that its Board of Directors adopted a share repurchase program of up to an aggregate amount of $50 million of our common stock. Repurchases may be made from time to time through open market purchases, privately negotiated transactions or other transactions, including pursuant to Rule 10b5-1 trading plans, subject to market conditions, applicable legal requirements and other factors. — Phoenix Education Partners, Inc. 8-K filing · View on SEC EDGAR →

What this means

Phoenix Education Partners has deployed $4 million of its $50 million authorization in Q3 2026, repurchasing shares at an average price of $29.29. The buyback operates alongside a quarterly dividend policy, representing a dual capital-return strategy. With $46 million remaining in the authorization and strong cash generation from operations ($116.7 million in the first nine months of fiscal 2026), the company has substantial dry powder for future repurchases. The program signals confidence in shareholder value at current valuations and complements the company's post-IPO capital allocation strategy.

Frequently asked questions

What is the total size of Phoenix Education Partners' buyback authorization?: The Board of Directors authorized $50 million in aggregate repurchases. As of May 31, 2026, $46 million remained available under the program after $4 million was spent in Q3 2026.
How many shares did Phoenix repurchase in Q3 2026?: The company repurchased 0.1 million shares (100,000 shares) for a total of $4.0 million at an average price of $29.29 per share during the third quarter.
What methods can the company use to execute the buyback?: Repurchases may be made through open-market purchases, privately negotiated transactions, or Rule 10b5-1 trading plans, subject to market conditions and applicable legal requirements. The filing does not specify a primary or preferred method.
How does this buyback relate to Phoenix Education Partners' dividend policy?: The company is executing both a share repurchase program and a quarterly dividend of $0.21 per share, representing a balanced approach to capital returns. These dual mechanisms provide flexibility in returning value to shareholders.
What was Phoenix Education Partners' liquidity position when the program was announced?: As of May 31, 2026, the company reported total cash and cash equivalents of $155.0 million plus $111.4 million in marketable securities, totaling $269.4 million. Operating cash flow for the first nine months of 2026 was $116.7 million.
When did Phoenix Education Partners' IPO occur?: The company completed its IPO on October 10, 2025, selling 4.9 million shares (including underwriter options) at $32.00 per share. The current Q3 buyback average price of $29.29 reflects a slight decline from the IPO price.

authorization rule-10b5-1 education-sector post-ipo capital-allocation open-market

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.