Brief: Scholastic Entered Into Share Repurchase Agreement
April 19 (Reuters) - Scholastic Corp SCHL.O :
* SCHOLASTIC- ENTERED INTO SHARE REPURCHASE AGREEMENT DATED
AS OF
APR 18, TO PURCHASE SHARES OF ITS COMMON STOCK FROM ESTATE OF M.
RICHARD ROBINSON, JR.
* SCHOLASTIC- PURCHASED 400,000 COMMON SHARES AT A PRICE OF
$33.50646/SHARE FROM RICHARD ROBINSON REPRESENTING AGGREGATE
PURCHASE PRICE OF $13.4 MILLION
Source text for Eikon: [ID:https://bitly.ws/3imCM]
Further company coverage: SCHL.O
((Reuters.Briefs@thomsonreuters.com;))
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