Pearson ( (GB:PSON) ) has provided an announcement.
Pearson PLC announced the purchase of 259,388 ordinary shares as part of its £350 million share buyback program, with this transaction forming part of the first £175 million tranche. This move is expected to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and improving the company’s financial metrics.
More about Pearson
Pearson PLC is a global leader in educational publishing and services, offering a wide range of products including textbooks, digital learning tools, and assessment services. The company focuses on providing educational content and services to schools, universities, and individual learners worldwide.
YTD Price Performance: -5.08%
Average Trading Volume: 1,647,987
Technical Sentiment Signal: Strong Sell
Current Market Cap: £7.9B
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