Group 1: Share Buyback Details - Sanoma Corporation executed a share buyback on 27 February 2026, acquiring 18,500 shares at an average price of EUR 9.0766 per share, with a total cost of EUR 167,917.10 [1] - The highest price per share during the buyback was EUR 9.1600, while the lowest was EUR 8.9800 [1][2] Group 2: Company Overview - Sanoma holds a total of 981,733 of its own shares, including those acquired on 27 February 2026 [2] - The company operates across Europe, employing close to 5,000 professionals, and reported net sales of approximately EUR 1.3 billion in 2025 with an adjusted operating profit margin of 14.4% [5] Group 3: Business Strategy and Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this growth through value-creating mergers and acquisitions [4] - The company emphasizes the responsible use of AI while maintaining human oversight and is committed to sustainability, aligning with the UN Sustainable Development Goals [4]
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 27 FEBRUARY 2026
Globenewswire·2026-02-27 16:30