1. 51Talk announces a new $10 million share repurchase program. 2. Repurchases will occur over the next 12 months. 3. Funds for the program will come from existing cash reserves. 4. The initiative aims to enhance shareholder value. 5. 51Talk focuses on accessible online English education.
FAQ
Why Bullish?
Share buybacks typically indicate management's confidence in the company, historically boosting stock prices. For example, similar actions by companies like Apple have often led to positive market reactions.
How important is it?
The buyback signals a strong financial position and commitment to shareholders, likely attracting investor interest.
Why Short Term?
Immediate increase in demand for shares expected due to buyback confidence and subsequent price support.
SINGAPORE, Dec. 8, 2025 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, today announced that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$10 million worth of its shares (including American Depositary Shares) over the next 12 months, ending on December 7, 2026.
The share repurchases may be effected from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions, and will be implemented in accordance with applicable rules and regulations. The Company expects to fund the repurchases out of its existing cash balance.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. 51Talk may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 51Talk's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in 51Talk's filings with the SEC. All information provided in this press release is as of the date of this press release, and 51Talk does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About 51Talk Online Education Group
51Talk Online Education Group (NYSE:COE) is a global online education platform with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students to take live interactive English lessons on demand. The Company connects its students with highly qualified teachers using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
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SOURCE 51Talk Online Education Group