An announcement from Pearson ( (GB:PSON) ) is now available.
Pearson PLC announced the purchase of 155,418 of its ordinary shares as part of its £350 million share buyback program. This transaction, conducted through Morgan Stanley & Co. International plc, forms part of the first £175 million tranche of the program, indicating Pearson’s strategy to enhance shareholder value and optimize its capital structure.
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 testing and assessment services. The company focuses on the education sector and aims to enhance learning outcomes through innovative solutions.
YTD Price Performance: -3.02%
Average Trading Volume: 1,571,760
Technical Sentiment Signal: Sell
Current Market Cap: £8.08B
See more data about PSON stock on TipRanks’ Stock Analysis page.