Scholastic Corporation logo SCHL - Scholastic Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 1
HOLD 3
SELL 0
STRONG
SELL
0

Stock News

Scholastic Corporation Announces Preliminary Results of Modified Dutch Auction Tender Offer

Scholastic Corporation Announces Preliminary Results of Modified Dutch Auction Tender Offer

Company expects to purchase 2,852,735 shares of common stock at $40.00 per share NEW YORK, April 21, 2026 /PRNewswire/ -- Scholastic Corporation (the "Company" or "Scholastic") (Nasdaq: SCHL), the global children's publishing, education and media company, announced today the preliminary results of its "modified Dutch auction" tender offer, which expired at 5:00 p.m., New York City time, on April 20, 2026.

Apr 21, 2026 03:00 AM prnewswire.com
SCHOLASTIC CORPORATION ANNOUNCES CASH TENDER OFFER TO PURCHASE UP TO $200 MILLION OF ITS COMMON STOCK

SCHOLASTIC CORPORATION ANNOUNCES CASH TENDER OFFER TO PURCHASE UP TO $200 MILLION OF ITS COMMON STOCK

NEW YORK, March 23, 2026 /PRNewswire/ -- Scholastic Corporation (the "Company" or "Scholastic") (NASDAQ: SCHL), the global children's publishing, education and media company, announced today the commencement of a modified "Dutch Auction" tender offer to purchase up to $200 million of its common stock at a price not less than $36.00 per share or more than $40.00 per share to the seller in cash, less any applicable withholding taxes and without interest. The number of shares proposed to be purchased in the tender offer (at a minimum purchase price of $36.00 per share) represents approximately 25% of Scholastic's currently outstanding common stock.

Mar 23, 2026 04:00 AM prnewswire.com

Price Targets

No price target news available.