Chegg Inc. has agreed to repurchase $20 million of its 0% Convertible Senior Notes due 2026 for $19.4 million in cash as part of its ongoing securities repurchase program. After the transaction, $33.9 million of the notes will remain outstanding, with $122.4 million left under the repurchase program. The deal is expected to close on February 20, 2026, pending customary 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: 0001364954-26-000015), on February 17, 2026, and is solely responsible for the information contained therein.