SANOMA CORPORATION: ACQUISITION OF OWN SHARES 06 March 2026
Globenewswire·2026-03-06 16:30

Core Viewpoint - Sanoma Corporation has executed a share buyback, acquiring a total of 23,236 shares at an average price of €8.9982, totaling €209,082.18, in compliance with European regulations [1][2]. Group 1: Share Buyback Details - The share buyback occurred on 06 March 2026, with the highest price per share being €9.0500 and the lowest at €8.8800 [1]. - Following this transaction, the company holds a total of 719,338 of its own shares [2]. Group 2: Company Overview - Sanoma is described as an innovative and agile learning and media company, impacting millions across Europe by providing high-quality educational content and solutions [2][4]. - The company operates in the K12 education sector, focusing on organic growth and value-creating mergers and acquisitions (M&A) [4]. - In 2025, Sanoma reported net sales of approximately €1.3 billion and an adjusted operating profit margin of 14.4% [5]. Group 3: Sustainability and Future Goals - Sanoma emphasizes the responsible use of AI while maintaining human oversight and is committed to sustainability, aiming to maximize its positive impact on society and minimize its environmental footprint [4]. - The company is a signatory to the UN Global Compact and committed to the UN Sustainable Development Goals [4].

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 06 March 2026 - Reportify