Chegg Inc. has announced it has entered into privately negotiated agreements to repurchase approximately $8.9 million in principal amount of its 0% Convertible Senior Notes due 2026. The company will pay roughly $8.3 million in cash for the notes, as part of its ongoing securities repurchase program. After the transaction closes, about $53.9 million of the 2026 Notes will remain outstanding, with $141.8 million still available under the repurchase program. The deal is expected to close on December 30, 2025, pending customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chegg Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001364954-25-000149), on December 29, 2025, and is solely responsible for the information contained therein.