other
confidence high
sentiment neutral
materiality 0.30
Scholastic shareholders approve stock plan amendment and elect directors at annual meeting
SCHOLASTIC CORP
- Class A stockholders approved Amendment No. 2 to Management Stock Purchase Plan, increasing authorized shares by 100,000 to 700,000.
- All eight Class A director nominees and three Common Stock director nominees were elected with majority support.
- Amendment No. 1 to Outside Director Stock Incentive Plan was also approved unanimously by Class A stockholders.
- All votes passed with no abstentions or broker non-votes for Class A; Common Stock votes were similarly strong.
item 5.02item 5.07