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Sanoma completed repurchase of own shares
Globenewswireยท2025-06-06 06:00

Group 1 - Sanoma Corporation completed the repurchase of 720,000 own shares at an average price of EUR 8.1433 per share, totaling EUR 5.9 million [1] - Following the repurchase, Sanoma holds a total of 792,677 own shares, which is 0.48% of the total number of shares [2] - The repurchased shares will be used as part of the Company's incentive program, based on authorizations from the Annual General Meetings [1] Group 2 - Sanoma is a learning and media company that aims to positively impact society while minimizing its environmental footprint, aligning with the UN Sustainable Development Goals [3] - The company offers a range of learning products and services, including printed and digital content for various educational levels, and aims to grow its business [4] - In 2024, Sanoma reported net sales of approximately EUR 1.3 billion and an operational EBIT margin of 13.4% [5]