Scholastic buys 2,834,018 shares for USD 113.4 million in Dutch auction tender offer
PUBT · 04/23 11:08
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- Scholastic completed modified Dutch auction tender offer, buying back 2,834,018 common shares at USD 40 per share.
- Total repurchase cost was USD 113.4 million, excluding fees and expenses.
- Shares were accepted for purchase at or below USD 40, based on final count by Computershare.
- Repurchased stock represented about 13.7% of shares outstanding as of April 19, 2026.
- Tender offer expired April 20, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scholastic Corporation published the original content used to generate this news brief on April 23, 2026, and is solely responsible for the information contained therein.
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