Scholastic expects to buy back 2.9 million shares at $40 each

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Scholastic Corporation Announces Preliminary Results of Modified Dutch Auction Tender Offer

April 21, 2026 7:00 AM EDT

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.

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