Pearson ( (GB:PSON) ) just unveiled an update.
Pearson PLC announced the purchase of 241,867 of its own ordinary shares on the London Stock Exchange as part of its ongoing £350 million share buyback program. This transaction, executed by Morgan Stanley & Co. International plc, is part of the first £175 million tranche, indicating Pearson’s strategic move to enhance shareholder value and optimize its capital structure.
More about Pearson
Pearson PLC is a major player in the education and publishing industry, primarily focusing on educational materials, technologies, and services. The company is known for its extensive range of educational resources and digital learning solutions, catering to a global market.
YTD Price Performance: -3.97%
Average Trading Volume: 1,635,391
Technical Sentiment Signal: Strong Sell
Current Market Cap: £8.09B
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