Group 1: Share Buyback Details - Sanoma Corporation executed a share buyback on 25 March 2026, acquiring 25,000 shares at an average price of EUR 9.0653 per share, with a total cost of EUR 226,632.50 [1] - The highest and lowest prices per share during the buyback were EUR 9.1200 and EUR 9.0300, respectively [1][2] Group 2: Company Overview - Sanoma holds a total of 1,053,392 of its own shares, including those acquired on 25 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] Group 3: Business Strategy and Focus - Sanoma is focused on organic growth in K12 education and aims to accelerate this growth through value-creating mergers and acquisitions [4] - The company emphasizes the responsible use of AI while maintaining human oversight and is committed to sustainability, aligning with the UN Sustainable Development Goals [4]
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 25 March 2026
Globenewswire·2026-03-25 16:30