Grand Canyon Education Expands Share Repurchase Program by $300 Million

LOPE
December 16, 2025

Grand Canyon Education (LOPE) increased its share‑repurchase program by $300 million, raising the total authorized amount to $2.545 billion. The board approved the increase on December 10, 2025, and the company announced the decision on December 15, 2025. The program remains authorized through March 1, 2027.

The company also reported Q3 2025 earnings that met analyst expectations. Earnings per share were $1.78, and revenue reached $261.1 million, a slight beat over the forecast of $259.96 million. Revenue grew 9.6% year‑over‑year, driven by a 9.6% rise in online enrollments and a 19.3% increase in hybrid programs, reflecting sustained demand for Grand Canyon University’s blended learning offerings.

Management’s decision to expand the buyback program signals confidence that the stock is undervalued and that the company can generate excess cash. The expansion also aligns with the company’s broader strategy to return capital to stakeholders while maintaining flexibility for future investments.

In addition to the buyback, the U.S. Department of Education’s formal recognition of Grand Canyon University’s non‑profit status could open new funding avenues, scholarships, and partnership opportunities. Combined with a return on invested capital of 27%, the company’s financial health supports both shareholder returns and continued growth initiatives.

Investors responded positively to the announcement, with market participants highlighting the buyback expansion and the non‑profit status recognition as key drivers of the favorable reaction.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.