NASDAQ:SCHL

Scholastic Stock Is Quiet, But the Buyback Math Is Loud

Scholastic Stock Is Quiet, But the Buyback Math Is Loud

Scholastic shares traded at $42.75 before the Nasdaq open Wednesday, about 6.9% above the $40 price set in its April tender offer. The company recently spent $113.4 million to buy back 2.83 million shares after raising $401 million from property sales. Fiscal third-quarter revenue fell 2% to $329.1 million, and operating loss widened to $26.9 million.
June 3, 2026

Stock Market Today

  • St. James's Place and FTSE 100 Digital Platforms Transform UK Retirement Planning
    June 3, 2026, 6:04 AM EDT. St. James's Place, a major UK wealth management firm, is leveraging FTSE 100-listed digital pension platforms to reshape retirement planning. These platforms employ technology to streamline pension management, improve user experience, and offer personalized retirement solutions. The shift reflects broader trends in the UK financial sector embracing digital tools to enhance pension services. Investors should assess risks carefully and consult qualified advisers, as highlighted by financial regulatory guidelines. The development signifies growing integration of technology in the UK retirement market, promising more efficient management but requiring prudent financial decision-making.