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Pearson Advances Share Buyback Program with New Purchase

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Pearson Advances Share Buyback Program with New Purchase

Elevate Your Investing Strategy:

An update from Pearson ( (GB:PSON) ) is now available.

Pearson PLC has announced the purchase of 141,518 of its ordinary shares on the London Stock Exchange, as part of the second tranche of its £350 million share buyback program. This move, executed through Citigroup Global Markets Limited, reflects Pearson’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (GB:PSON) stock is a Hold with a £10.85 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 strong earnings call with positive guidance and strategic initiatives, partly offset by technical analysis indicating bearish momentum. The financial performance is stable, but revenue growth challenges persist.

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

More about Pearson

Pearson PLC is a prominent company in the education sector, known for its wide range of educational products and services. The company focuses on providing learning materials, technologies, and assessments to educational institutions and learners worldwide.

Average Trading Volume: 1,959,855

Technical Sentiment Signal: Hold

Current Market Cap: £6.87B

See more data about PSON stock on TipRanks’ Stock Analysis page.

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