Scholastic (SCHLD) Announces $10M Share Buyback

November 20, 2008 4:21 PM EST

Scholastic Corporation (NASDAQ: SCHL) announced that its Board of Directors has authorized a further program to repurchase up to $10 million of its common stock. Under this program, which will be funded with available cash, the Company may purchase shares, from time to time as conditions allow, on the open market. The share repurchase program may be suspended at any time without prior notice.


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