Udemy (UDMY) authorizes up to $50M common stock buyback program

Rhea-AI Filing Summary

Udemy, Inc. disclosed that its board has authorized a share repurchase program for up to $50 million of its common stock. This authorization allows the company to buy back its own shares, which can reduce the number of shares available in the market and is often used to return capital to stockholders. The program details beyond the total amount are described in a press release dated September 10, 2025, which is included as an exhibit to the report.

Insights

Corporate finance analyst

Udemy authorizes up to $50M in share repurchases, signaling a new capital return tool.

Udemy, Inc. has authorized a share repurchase program for up to $50 million of its common stock, as announced in a September 10, 2025 press release. A buyback authorization creates the option, but not the obligation, for the company to purchase shares in the market or through other methods.

The impact on existing stockholders will depend on how much of the $50 million authorization is ultimately used and at what share prices. Actual repurchases, if any, could reduce the share count and increase each remaining share’s claim on future earnings, but those effects are not quantified here.

The accompanying press release, furnished as Exhibit 99.1 and incorporated by reference, is the primary source for more specific terms such as timing, duration, and execution approach of the repurchase activity. Subsequent company disclosures may provide updates on any repurchases completed under this authorization.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0001607939FALSE00016079392025-09-102025-09-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 10, 2025

Udemy, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-40956

27-1779864

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

600 Harrison Street, 3rd Floor

San Francisco, California

94107

(Address of Principal Executive Offices)

(Zip Code)

(415) 813-1710

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.00001 par value per share

UDMY

The Nasdaq Stock Market LLC (The Nasdaq Global Select Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On September 10, 2025, the Company issued a press release announcing a share repurchase program for up to $50 million. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Number						Description
99.1						Press release dated September 10, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

									UDEMY, INC.
Date:			September 10, 2025			By:			/s/ Sarah Blanchard
									Sarah Blanchard Chief Financial Officer

FAQ

What did Udemy (UDMY) announce in its latest 8-K filing?

Udemy disclosed that on September 10, 2025 it issued a press release announcing a share repurchase program for up to $50 million of its common stock.

How large is Udemy27s new share repurchase authorization?

Udemy authorized a share repurchase program for up to $50 million, allowing the company to buy back its common stock up to that total amount.

Where can investors find more details on Udemy (UDMY) share buyback?

More details are in Udemy27s press release dated September 10, 2025, which is furnished as Exhibit 99.1 and incorporated by reference.

Is Udemy27s $50 million share repurchase program already in effect?

The company states that on September 10, 2025 it announced a share repurchase program for up to $50 million, indicating the authorization is in place from that date subject to any terms in the press release.

What type of SEC filing did Udemy (UDMY) use for the buyback disclosure?

Udemy used a Form 8-K under Item 8.01 Other Events to disclose the announcement of its up to $50 million share repurchase program.