SANOMA CORPORATION: ACQUISITION OF OWN SHARES 18 March 2026
Globenewswire·2026-03-18 16:30

Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 18 March 2026, acquiring 26,214 shares at an average price of EUR 9.2652 per share, with a total cost of EUR 242,877.95 [1] - The highest and lowest prices per share during the buyback were EUR 9.3000 and EUR 9.1900, respectively [1] Current Shareholding - Following the buyback, the company holds a total of 924,115 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, focusing on maximizing its positive impact on society while minimizing its environmental footprint, and is aligned with the UN Sustainable Development Goals [4]