An announcement from Pearson ( (GB:PSON) ) is now available.
Pearson plc has executed a share buyback transaction, purchasing 166,366 of its ordinary shares on the London Stock Exchange at an average price of 1,224.79 pence per share. This transaction is part of the first £175 million tranche of the company’s £350 million share buyback program, which was announced earlier in March 2025. The purchased shares will be canceled, indicating a strategic move to return value to shareholders and potentially improve earnings per share by reducing the number of shares outstanding.
More about Pearson
YTD Price Performance: -3.73%
Average Trading Volume: 1,609,931
Technical Sentiment Signal: Sell
Current Market Cap: £8.07B
See more data about PSON stock on TipRanks’ Stock Analysis page.