Scholastic Announces Repurchase Of 289,624 Common Shares From Estate Of Former CEO Richard Robinson For $11.5M At $39.7603/Share
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Why It Matters
Scholastic bought back some of its own shares from the family of a former leader for about $11.5 million. When a company buys its own shares, it can mean leaders think the stock is a good deal right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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