SANOMA CORPORATION: ACQUISITION OF OWN SHARES 23 March 2026
Globenewswire·2026-03-23 16:30

Acquisition of Own Shares - Sanoma Corporation executed a share buyback on 23 March 2026, acquiring 25,000 shares at an average price of EUR 9.0447 per share, with a total cost of EUR 226,117.50 [1] - The highest price per share during the buyback was EUR 9.1700, while the lowest was EUR 8.9300 [1] Shareholding Information - Following the buyback, the company holds a total of 1,003,392 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) and is committed to harnessing AI opportunities while emphasizing human oversight [4] - The company has a sustainability strategy aimed at maximizing its positive impact on society and minimizing its environmental footprint, aligning with the UN Sustainable Development Goals [4]

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 23 March 2026 - Reportify