SANOMA CORPORATION: ACQUISITION OF OWN SHARES 09 March 2026
Globenewswire·2026-03-09 16:30

Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 09 March 2026, acquiring 24,435 shares at an average price of EUR 8.8907 per share, with a total cost of EUR 217,244.25 [1] - The highest price per share during the buyback was EUR 8.9300, while the lowest was EUR 8.7900 [1][2] Company Overview - Sanoma holds a total of 743,773 of its own shares, including those acquired on 09 March 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] Business Strategy - 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, focusing on maximizing its positive impact on society while minimizing its environmental footprint, and is a signatory to the UN Global Compact [4]

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 09 March 2026 - Reportify