Core Insights - Stride, Inc. has authorized a new stock repurchase program of up to $500 million, effective through October 31, 2026, indicating confidence in the company's future and market conditions [1][2]. Company Overview - Stride, Inc. is a technology-enabled education company based in Reston, Virginia, serving learners from K-12 through adult career training, providing virtual and hybrid public-school programs, career learning, skills training, and professional development across all 50 states and over 100 countries [3]. Financial Strategy - The management emphasizes confidence in long-term demand for online learning and the company's cash generation capabilities, framing the buyback as a strategy to repurchase stock at attractive prices while still funding growth investments [2]. - The board has the flexibility to suspend or discontinue the buyback program at any time, with no obligation to purchase a set amount [2].