Scholastic Press Releases

Scholastic Corporation Announces Cash Tender Offer to Purchase Up to $75 Million of its Common Stock

 New York — October 25, 2022 — Scholastic Corporation (the “Company” or “Scholastic”) (NASDAQ: SCHL), the global children’s publishing, education and media company, announced today the commencement of a modified “Dutch Auction” tender offer to purchase up to $75 million of its common stock at a price not less than $35.00 per share or more than $40.00 per share to the seller in cash, less any applicable withholding taxes and without interest.

Scholastic Announces Intent to Repurchase Up to $75 Million of its Common Stock Through Modified Dutch Auction Tender Offer

 New York, NY – October 24, 2022 – Scholastic Corporation (“Scholastic”) (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that its Board of Directors (the “Board”) has authorized the repurchase of up to $75 million of the Company’s common stock through a modified “Dutch Auction” tender offer (“Offer”), at an anticipated cash purchase price per share of not less than $35.00 per share and not more than $40.00 per share, less any applicable withholding taxes and without in

The Scholastic Philanthropic Impact Report, 2021-2022

 

New York, NY – October 4, 2022 – During the 2021-22 school year,* Scholastic worked tirelessly to give back and increase access to crucial resources for children, families, and educators. With the help of our incredible customers and partners, we were able to get millions of books to children, and schools were able to raise much-needed funds.

Award-Winning Scholastic Kids Press Program Announces 2022-23 Kid Reporters

 

Award-Winning Scholastic Kids Press Program Announces 2022-23 Kid Reporters  

 

Scholastic Book Clubs & James Patterson Launch Year Two of The United States of Readers to Grow Book Access, Ownership & Choice

Contact: Allyson Barkan, ABarkan@scholastic.com, 646-907-2684

Funded by a $2 million donation from bestselling author and literacy advocate James Patterson, Scholastic Book Clubs expands The United States of Readers to serve 45,000 students and their teachers in 2,200 high Title I classrooms nationwide

New Scholastic Professional Book, Reading Above the Fray, Brings the Science of Reading into Classroom Practice

Scholar Julia B. Lindsey Guides Educators with Evidence-Based Literacy Routines to Build Foundational Reading Skills

New York, NY – September 26, 2022 – Scholastic (NASDAQ: SCHL), the global children’s publishing, education, and media company, today announced the release of Reading Above the Fray which is a practical guide for teachers looking to implement instructional practices that draw upon decades of evidence and reflect the science of reading in foundational literacy instruction. 

Scholastic Reports Fiscal 2023 First Quarter Results and Affirms Full-Year Guidance

New York – September 22, 2022 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported financial results for the Company’s fiscal first quarter ended August 31, 2022. First quarter results were on plan, reflecting strategic investments in Education Solutions and a return to more normal seasonality for the summer when schools are not in session and the business typically generates an operating loss. Accordingly, the Company affirmed its previous guidance for fiscal year 2023.

Scholastic Corporation Announces Second Quarter Dividend

New York, NY – September 21, 2022 – Scholastic Corporation (NASDAQ: SCHL) is pleased to announce that its Board of Directors today declared a quarterly cash dividend of $0.20 per share on the Company’s Class A and Common Stock for the second quarter of fiscal 2023. The dividend is payable on December 15, 2022 to all shareholders of record as of the close of business on October 31, 2022. 

Scholastic Corporation Announces Date for First Quarter Fiscal 2023 Earnings Release and Teleconference

New York, NY - September 15, 2022 - Scholastic Corporation (NASDAQ:SCHL) today announced the following schedule and teleconference information for its first quarter fiscal year 2023 earnings release:

The Scholastic Art & Writing Awards Open Entries as the Program Celebrates 100 Years of Recognizing the Nation’s Creative Teens

In celebration of the Awards’ centennial, the nonprofit Alliance for Young Artists & Writers announces nearly half a million dollars in scholarship funds for creative teens, including increased portfolio awards and the inaugural Dav Pilkey Awards set to honor 12 high school seniors and educators with scholarships

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