Scholastic repurchases 289,624 shares from Robinson estate at $39.76, 3% discount

SCHOLASTIC CORP

Purchased 289,624 common shares from Estate of M. Richard Robinson, Jr. at $39.7603/share, total $11.52M, 3% below Aug 25 close of $40.99.
Repurchase equals ~1.6% of outstanding shares; done under existing $300M authorization, leaving ~$158.9M available.
Board approved without Chair Iole Lucchese (estate co-executor) participating; Audit Committee of independent directors recommended.
Fiscal-year-to-date repurchases total 590,895 shares; estate to use proceeds for estate obligations.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.