Scholastic Corporation Announces Final Results of Modified Dutch Auction Tender Offer
Scholastic has finalized the results of its modified Dutch auction tender offer, agreeing to purchase 2,834,018 shares at a price of $40.00 per share. The aggregate cost of the transaction is approximately $113.4 million, representing a reduction of about 13.7% in the total number of shares outstanding as of mid-April. J.P.
Key figures
- Deal Value Usd
- 113360720
- Repurchase price
- 40
- Shares repurchased
- 2834018
- Percent repurchased
- 13.7%
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