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SHARE REPURCHASE PROGRAMS | 3 Months Ended
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Sep. 30, 2019
Dividends And Share Repurchase Program [Abstract] |
SHARE REPURCHASE PROGRAMS | NOTE 7: SHARE REPURCHASE PROGRAMS On November 7, 2018, the Board authorized Adtalem’s eleventh share repurchase program, which allows Adtalem to repurchase up to $300 million of its common stock through December 31, 2021. The eleventh share repurchase program commenced in January 2019. During the three months ended September 30, 2019, a total of 918,807 shares were repurchased for an aggregate of $40.3 million under the eleventh share repurchase program. To date, a total of 3,463,963 shares were repurchased for an aggregate of $158.1 million under the eleventh share repurchase program, resulting in $141.9 million of authorized share repurchases remaining under the eleventh share repurchase program as of September 30, 2019. The timing and amount of any repurchases will be determined based on an evaluation of market conditions and other factors. These repurchases may be made through the open market, including block purchases, in privately negotiated transactions, or otherwise. The repurchases will be funded through available cash balances and/or borrowings and may be suspended or discontinued at any time. Shares of stock repurchased under the programs are held as treasury shares. These repurchased shares have reduced the weighted average number of shares of common stock outstanding for basic and diluted earnings per share calculations.

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- Definition The entire disclosure for share repurchase program. + References No definition available. + Details
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