Dividends & Buybacks ·
Scholastic Corporation purchased 289,624 shares of common stock from the Estate of M. Richard Robinson, Jr., its…
SCHLScholastic Corp
Scholastic Corporation purchased 289,624 shares of common stock from the Estate of M. Richard Robinson, Jr., its former Chairman and CEO, for an aggregate price of $11,515,537.13 at $39.7603 per share on August 26, 2026. This transaction utilized approximately 1.6% of outstanding shares and was executed under the company's existing $300 million repurchase authorization, leaving $158.9 million available. The purchase represented a 3% discount to the stock's closing price on the agreement date. Scholastic Corporation operates in the children's publishing and education industry.