Pearson ( (GB:PSON) ) has provided an update.
Pearson plc has announced the purchase of 155,560 of its ordinary shares on the London Stock Exchange, as part of its £350 million share buyback program. This move, involving Morgan Stanley & Co. International plc, reflects Pearson’s strategic initiative to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.
More about Pearson
YTD Price Performance: -2.30%
Average Trading Volume: 1,489,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.26B
Learn more about PSON stock on TipRanks’ Stock Analysis page.