SANOMA CORPORATION: ACQUISITION OF OWN SHARES 05 March 2026
Globenewswire·2026-03-05 16:30

Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 05 March 2026, acquiring 21,939 shares at an average price of EUR 8.8172 per share, with a total cost of EUR 193,440.55 [1] - The highest price per share during the buyback was EUR 8.8400, while the lowest was EUR 8.7300 [1] Total Shares Held - Following the acquisition, the company holds a total of 696,102 of its own shares [2] Company Overview - Sanoma is described as an innovative and agile learning and media company, impacting millions across Europe by providing high-quality learning content and solutions [2] - The company employs 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] Strategic Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this growth through value-creating mergers and acquisitions [4] - The company is committed to sustainability, aligning its strategy with the UN Sustainable Development Goals and emphasizing responsible use of AI [4]

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 05 March 2026 - Reportify