BlackRock, Inc. Increases Stake in Scholastic Corp to 15.8%

BlackRock, Inc. has filed a Schedule 13G/A (Amendment No. 18) with the SEC, reporting a significant increase in its ownership of Scholastic Corp (SCHL). As of the event date on March 31, 2026, BlackRock beneficially owns 3,308,210 shares of common stock, representing 15.8% of the company. This marks a substantial rise from the previously reported 0.0% ownership position. Of the total shares, BlackRock holds sole voting power over 3,272,157 shares and sole dispositive power over all 3,308,210 shares. The filing notes that iShares Core S&P Small-Cap ETF specifically holds an interest exceeding 5% of the total outstanding common stock. The acquisition was made in the ordinary course of business and is not intended to change or influence the control of the issuer. The filing was officially submitted on April 24, 2026, and reflects the aggregated holdings of various BlackRock subsidiaries and business units.