Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 12 March 2026, acquiring 25,100 shares at an average price of EUR 9.0082 per share, with a total cost of EUR 226,105.82 [1] - The highest and lowest prices per share during the transaction were EUR 9.0600 and EUR 8.9600, respectively [1] Current Shareholding - Following the acquisition, the company holds a total of 820,637 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 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 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]
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 12 March 2026
Globenewswire·2026-03-12 16:30