BUZZ-Coursera jumps on share buyback plan

Coursera Inc
Udemy

Coursera Inc

COUR

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Udemy

UDMY

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** Coursera COUR.N shares rise ~6% to $5.59 premarket

** The online learning platform announces a $500 mln share buyback program

** Says it believes its scale after acquiring peer Udemy has provided capacity to return capital to shareholders while investing for long-term growth

** Udemy acquisition completed last week, announced in December

** Up to last close, stock has fallen 28.3% YTD