SANOMA CORPORATION: ACQUISITION OF OWN SHARES 20 FEBRUARY 2026
Globenewswire·2026-02-20 16:30

Core Viewpoint - Sanoma Corporation has executed a share buyback, acquiring 15,500 shares at an average price of €9.10, totaling €141,050, in compliance with European regulations [1][2]. Group 1: Share Buyback Details - The share buyback occurred on 20 February 2026, with the highest price per share being €9.13 and the lowest at €9.05 [1]. - Following this transaction, the company holds a total of 894,358 of its own shares [2]. Group 2: Company Overview - Sanoma is a learning and media company operating across Europe, focusing on providing quality educational content and solutions [2][4]. - The company employs nearly 5,000 professionals and reported net sales of approximately €1.3 billion in 2025, with an adjusted operating profit margin of 14.4% [5]. Group 3: Strategic Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this through value-creating mergers and acquisitions [4]. - The company is committed to sustainability, aligning its strategy with the UN Sustainable Development Goals and emphasizing the responsible use of AI [4].

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 20 FEBRUARY 2026 - Reportify