Pearson ( (GB:PSON) ) has issued an update.
Pearson PLC has announced the purchase of 191,697 of its ordinary shares on the London Stock Exchange as part of its £350 million share buyback program. This transaction, executed through Morgan Stanley & Co. International plc, marks the beginning of the first £175 million tranche, reflecting Pearson’s strategic move to enhance shareholder value and optimize its capital structure.
More about Pearson
Pearson PLC is a global leader in the education industry, primarily offering educational products and services. The company focuses on providing learning materials, technologies, and assessments to students and educators worldwide.
YTD Price Performance: -0.94%
Average Trading Volume: 1,440,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.26B
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