Pearson Advances Share Buyback Program with New Purchase

Pearson ( (GB:PSON) ) just unveiled an announcement.

Pearson PLC has announced the purchase of 82,598 of its ordinary shares as part of a £350 million share buyback program. This move, executed through Morgan Stanley & Co. International plc, is part of the first £175 million tranche, reflecting Pearson’s strategy to enhance shareholder value by reducing the number of outstanding shares.

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 stock score is driven by a strong earnings call and stable financial performance. Technical analysis suggests bullish momentum, though valuation metrics indicate limited short-term upside. The ongoing share buyback program further enhances shareholder value.

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

More about Pearson

Pearson PLC operates in the education sector, providing a range of educational products and services. The company focuses on delivering educational content, technology, and assessment tools to learners, educators, and institutions globally.

Average Trading Volume: 1,988,375

Technical Sentiment Signal: Buy

Current Market Cap: £7.94B

Find detailed analytics on PSON stock on TipRanks’ Stock Analysis page.