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Pearson PLC Advances Share Buyback Program with New Purchase

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Pearson PLC Advances Share Buyback Program with New Purchase

Pearson ( (GB:PSON) ) has issued an update.

Pearson PLC has announced the purchase of 158,843 of its ordinary shares on the London Stock Exchange as part of its £350 million share buyback program. This move is part of the first £175 million tranche, demonstrating Pearson’s commitment to returning value to shareholders and potentially strengthening its market position.

More about Pearson

Pearson PLC is a global education company that provides educational materials, technologies, assessments, and related services to teachers and students of all ages. The company focuses on offering innovative solutions to enhance learning and improve educational outcomes worldwide.

YTD Price Performance: -2.30%

Average Trading Volume: 1,489,310

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £8.26B

For an in-depth examination of PSON stock, go to TipRanks’ Stock Analysis page.

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