Pearson Advances £350 Million Share Buyback Program

Pearson ( (GB:PSON) ) has shared an update.

Pearson PLC announced the purchase of 211,586 of its own ordinary shares on the London Stock Exchange as part of a £350 million share buyback program. This move, involving a significant financial commitment, is part of the first £175 million tranche, indicating Pearson’s strategy to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (GB:PSON) stock is a Hold with a £10.55 price target. To see the full list of analyst forecasts on Pearson stock, see the GB:PSON Stock Forecast page.

Spark’s Take on GB:PSON Stock

According to Spark, TipRanks’ AI Analyst, GB:PSON is a Outperform.

Pearson’s overall stock score reflects a stable financial outlook with strong cash flow and operational efficiency. Positive earnings call guidance and strategic partnerships boost confidence, while ongoing share buybacks support shareholder value. Challenges in revenue growth and moderation in some segments are concerns but are balanced by the company’s strategic initiatives.

To see Spark’s full report on GB:PSON stock, click here.

More about Pearson

Pearson PLC is a global leader in educational publishing and services, focusing on providing learning materials, technologies, and assessments to educational institutions and students worldwide.

Average Trading Volume: 1,978,088

Technical Sentiment Signal: Buy

Current Market Cap: £7.96B

For an in-depth examination of PSON stock, go to TipRanks’ Stock Analysis page.