SANOMA CORPORATION: ACQUISITION OF OWN SHARES 03 March 2026
Globenewswire·2026-03-03 16:30

Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 03 March 2026, acquiring 20,452 shares at an average price of EUR 8.8513 per share, with a total cost of EUR 181,026.79 [1] - The highest and lowest prices per share during the transaction were EUR 8.9300 and EUR 8.7900, respectively [1][2] Shareholding Information - Following the acquisition, Sanoma holds a total of 652,713 of its own shares [2] Company Overview - Sanoma is a learning and media company operating across Europe, focusing on providing high-quality educational content and solutions for K12 education [2][4] - The company employs nearly 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] Strategic Focus - Sanoma aims to accelerate growth through value-creating mergers and acquisitions (M&A) while responsibly leveraging AI opportunities [4] - The company is committed to sustainability, aligning its strategy with the UN Sustainable Development Goals and minimizing its environmental footprint [4]