Scholastic Press Releases
Scholastic News® Launches 2016 Presidential Election Website with Resources for Kids, Parents and Teachers
New York – January 21, 2016 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that it had terminated its offer to purchase up to $200 million of its common stock through a modified "Dutch Auction" tender offer which was due to expire at 11:59 p.m. on Tuesday, January 26, 2016. As a result of this termination no shares will be purchased in the offer and all shares previously tendered and not withdrawn will be promptly returned to tendering holders.
Debra Samdperil Named Assistant Executive Director of Programs, the Alliance for Young Artists & Writers
January 17, 2016: Scholastic is announcing today that we are stopping the distribution of the book entitled A Birthday Cake for George Washington, by Ramin Ganeshram and illustrated by Vanessa Brantley-Newton, and will accept all returns.
Tracy van Straaten
VP, Trade Book Publicity
Scholastic Corporation Announces Commencement of Tender Offer to Purchase Up to $200 Million of Common Stock
New York – December 28, 2015 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today the commencement of its previously announced modified “Dutch Auction” tender offer to purchase up to $200 million of its common stock at a price not less than $37.00 per share or more than $40.00 per share.
New York – December 21, 2015 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that its Board of Directors has authorized the price range for its intended repurchase of up to $200 million of the Company's common stock through a modified "Dutch Auction" tender offer.
Scholastic Announces Intent to Return Up to $200 Million to Shareholders Through Modified Dutch Auction Tender Offer
Company Will Retain Ownership and Future Value of Headquarters Property;
Increased Leasing of Retail Space Expected to Boost Operating Income
Contact: Scholastic Corporation
Strong Trade Publishing Sales in Children’s Books Globally
2016 Sales and EPS Guidance Revised on Foreign Currency Headwinds