---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-267261"
form_type: "8-K"
ticker: "SCHL"
cik: "0000866729"
company_name: "SCHOLASTIC CORP"
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:48:02.368707+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Scholastic announces Dutch Auction tender offer to repurchase up to $75M in common stock at $35-$40/share

## Summary
- Up to $75M of common stock (~6% of shares outstanding) to be repurchased via modified Dutch Auction.
- Tender offer price range: $35.00 to $40.00 per share; funded entirely from cash on hand.
- Offer commences Oct 25, 2022 and expires Nov 22, 2022, unless extended or earlier terminated.
- CEO cites attractive stock price, improved margin profile, and long-term free cash flow outlook.
- Dealer-managers: BofA Securities and Wells Fargo Securities; Georgeson LLC as information agent.

## SEC filing metadata
- accession: 0001193125-22-267261
- form_type: 8-K
- ticker: SCHL
- cik: 0000866729
- company_name: SCHOLASTIC CORP
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866729/000119312522267261/0001193125-22-267261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866729/000119312522267261/d304451d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-267261
- JSON: https://secwatch.observer/filing/0001193125-22-267261.json
- Plain text: https://secwatch.observer/filing/0001193125-22-267261.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.