During the six months ended November 30, 2008, book publisher Scholastic Corp (SCHL-$12.00) repurchased approximately 800,000 shares on the open market for $20.1 million (at an average cost of $24.83 per share). Of interest, 100,000 of these shares were bought directly from its Chairman and Chief Executive Officer, Richard Robinson, in a private transaction…. Read More….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.
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