Welcome to our dedicated page for Graham Holdings news (Ticker: GHC), a resource for investors and traders seeking the latest updates and insights on Graham Holdings stock.
Graham Holdings (GHC) delivers essential updates through this dedicated news hub, providing investors and professionals with timely access to corporate developments across its diversified operations in education, media, and healthcare. Track official announcements, strategic initiatives, and operational milestones from this NYSE-led company.
This resource consolidates earnings reports, acquisition updates, and leadership changes alongside innovations from Kaplan’s education services and broadcasting division developments. Users gain a structured view of GHC’s multi-industry activities through verified press releases and curated financial updates.
Discover updates spanning educational program expansions, media partnerships, and healthcare service enhancements alongside manufacturing sector progress. Each announcement is presented with contextual relevance to GHC’s broader corporate strategy, enabling informed analysis of market position and growth trajectories.
Bookmark this page for streamlined access to Graham Holdings’ evolving story. Combine regular check-ins with portfolio monitoring tools to maintain current awareness of GHC’s performance across its operational segments.
Graham Holdings Company (NYSE:GHC) will conduct its 2021 Annual Meeting of Shareholders via webcast on May 6, 2021, at 8:30 a.m. (EDT), due to the COVID-19 pandemic. Shareholders of record on March 17, 2021 can access the meeting using their control number and password “GHC2021.” Participants holding shares through brokers should register by May 3, 2021. Questions can be submitted in advance via the company's website or during the webcast.
Metis, known for data science and analytics training, has unveiled its new Online Flex bootcamp format. This initiative caters to busy professionals, offering on-demand lectures combined with live support from instructors. Bootcamp participants will benefit from career support until employment, including a focused Career Week post-graduation. The launch includes four bootcamp programs and a 30% tuition discount for early applicants. Short immersive courses will also be available with open enrollment. The programs aim to enhance accessibility while accommodating work-life balance.
Graham Holdings Company (NYSE: GHC) announced its agreement to acquire Leaf Group Ltd. (NYSE: LEAF) at $8.50 per share, totaling approximately $323 million. Leaf Group, based in Santa Monica, specializes in creator-driven brands within the lifestyle sector, including fitness and home design. Both companies express optimism about the acquisition, with Graham Holdings seeking to leverage Leaf Group's potential for growth. The deal is expected to close by mid-2021, pending shareholder and regulatory approvals.
The Kaplan Educational Foundation (KEF) has welcomed its newest cohort of scholars into the Kaplan Leadership Program, which supports low-income, underrepresented community college students. Established in 2006, this program helps students complete their associate's degrees and transfer to prestigious four-year institutions. The 2021 cohort includes 13 scholars from various community colleges, with 87% of previous scholars earning bachelor's degrees. KEF emphasizes its commitment to diversity and accessibility in education, particularly in light of challenges posed by the COVID-19 pandemic.
The University of Dubuque has partnered with the College for Financial Planning, a Kaplan Company, to offer programs aimed at enhancing financial education for students. This collaboration enables students to earn industry-recognized credentials alongside their traditional degrees, improving their job readiness and marketability. The courses will be integrated into UD's Master in Management – Holistic Wealth Management program, which requires 30 credit hours. This initiative aligns with a growing trend in alternative credentialing, addressing the skills gap and boosting employment opportunities for graduates.
Kaplan has partnered with Phi Alpha Delta, enhancing academic and career support for members of the largest law fraternity in the U.S. The collaboration offers Phi Alpha Delta members discounts on LSAT and bar exam prep courses, alongside full scholarships based on financial need. Pre-law members gain free access to Kaplan's series of events, while law students receive essential academic resources. This partnership aims to guide students through evolving legal education and admissions processes, particularly in light of changes prompted by the COVID-19 pandemic.
Graham Holdings Company (GHC) reported a net income of $300.4 million ($58.13 per share) for the year ended December 31, 2020, down from $327.9 million ($61.21 per share) in 2019. The net income for Q4 2020 was $237.1 million ($47.34 per share), significantly higher than $145.9 million ($27.25 per share) in Q4 2019. Revenue decreased by 1% to $2,889.1 million, with notable declines in education and manufacturing due to COVID-19. The company expects persistent adverse impacts from the pandemic into 2021. Non-GAAP net income was $158.1 million ($30.60 per share) for 2020, reflecting ongoing restructuring and impairment charges.
Graham Holdings Company (NYSE: GHC) has elected Tony Allen to its Board of Directors. Allen is the President of Delaware State University, managing over 5,000 students and overseeing a $144 million budget. His experience includes leading the Corporate Reputation Group at Bank of America, and he served as a special assistant to Senator Joseph R. Biden, Jr.
Chairman Donald E. Graham praised Allen's diverse background in public service and education, highlighting his expertise as a valuable asset to the board.
Graham Holdings Company (NYSE: GHC) has declared a quarterly dividend of $1.51 per share. This dividend is set to be paid on May 13, 2021, to shareholders recorded on April 16, 2021. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
