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Stock impact report

Scholastic Corporation Announces Preliminary Results of Modified Dutch Auction Tender Offer [TheStreet.com]

Scholastic Corporation (SCHL) 
Last scholastic corporation earnings: 3/19 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.scholastic.com
Company Research Source: TheStreet.com
PR Newswire NEW YORK, April 21, 2026 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. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer (the "Depositary"), a total of 2,852,735 shares of Scholastic's common stock, par value $0.01 per share (each share of Scholastic's common stock, a "Share," and collectively, "Shares"), were properly tendered and not properly withdrawn at or below the purchase price of $40.00 per Share, including 1,008,060 shares that were tendered by notice of guaranteed delivery. Based on these preliminary results, Scholastic expects to purchase a tot Show less Read more
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