Pearson ( (GB:PSON) ) has shared an announcement.
Pearson PLC announced the purchase of 225,924 of its ordinary shares as part of a £350 million share buyback program, with this transaction forming part of the first £175 million tranche. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting Pearson’s commitment to returning capital to its investors.
More about Pearson
Pearson PLC operates in the education industry, providing educational materials, technologies, assessments, and related services to schools, colleges, and universities globally. The company focuses on enhancing learning experiences and outcomes through innovative educational solutions.
YTD Price Performance: 0.38%
Average Trading Volume: 1,440,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.26B
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