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Pearson Advances Share Buyback Program with New Purchase

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Pearson Advances Share Buyback Program with New Purchase

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

Pearson PLC has announced the purchase of 435,000 of its ordinary shares as part of its ongoing £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 shareholder returns.

The most recent analyst rating on (GB:PSON) stock is a Buy with a £1206.00 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 its stable financial performance and positive earnings call sentiment. Strong cash flow and strategic growth initiatives are significant strengths, while challenges in revenue growth and external headwinds are notable risks. The technical analysis and valuation suggest a fair market position, supporting a moderately positive outlook.

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

More about Pearson

Pearson PLC is a global education company that provides a range of educational products and services, including textbooks, digital learning tools, and assessment services. The company focuses on delivering educational content and solutions to schools, higher education institutions, and professional learners worldwide.

Average Trading Volume: 1,939,879

Technical Sentiment Signal: Buy

Current Market Cap: £6.88B

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

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