Short answer
SCHOLASTIC CORP (SCHL) filed an 8-K current report with the SEC on August 27, 2026 reporting Item 8.01 (Other Events). Private repurchase of 289,624 shares at $39.7603, totaling $11.52M.
SCHOLASTIC CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Private repurchase of 289,624 shares at $39.7603, totaling $11.52M
- Transaction represented 1.6% of pre-transaction shares outstanding and a 3% discount to $40.99 closing price
- Repurchase reduces dilution from compensation programs and future dividend obligations
- $158.9M remains under the $300M authorization; fiscal-year-to-date repurchases total 590,895 shares
- Related-party governance review involved independent directors, outside counsel, and an independent financial adviser
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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