Item 8.01 –   Other Events.

On May 28, 2008, Scholastic Corporation issued the press release attached hereto as Exhibit 99.1 announcing a further stock repurchase program.

Item 9.01     Financial Statements and Exhibits

(a) Not applicable
 
(b) Not applicable
 
(c) The following exhibit is filed as part of this report:
 
Press release of Scholastic Corporation, dated May 28, 2008, is filed as Exhibit 99.1.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

May 28, 2008

SCHOLASTIC CORPORATION

(Registrant)
 
 

 

 

/s/ Maureen O’Connell

Name:

Maureen O’Connell

Title:

Executive Vice President, Chief Administrative

Officer and Chief Financial Officer

EXHIBIT INDEX

Number

Exhibit

 
99.1

Press release of Scholastic Corporation, dated May 28, 2008