Pearson PLC Advances Share Buyback Program with Recent Purchase

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

Pearson PLC has announced the purchase of 140,179 of its ordinary shares as part of its £350 million share buyback program. This move, executed through Morgan Stanley & Co. International plc, is part of the first £175 million tranche, and the purchased shares will be canceled, potentially enhancing shareholder value and signaling confidence in the company’s financial health.

Spark’s Take on GB:PSON Stock

According to Spark, TipRanks’ AI Analyst, GB:PSON is a Outperform.

Pearson holds a stable financial position with strong cash flow and profitability, despite revenue growth concerns. Strategic partnerships and AI integration enhance future prospects, while share buybacks support shareholder returns. Short-term technical pressures are present, but the long-term outlook is positive.

To see Spark’s full report on GB:PSON stock, click here.

More about Pearson

Pearson PLC operates in the education industry, providing educational materials, technologies, assessments, and services to institutions, educators, and learners worldwide.

YTD Price Performance: -7.73%

Average Trading Volume: 1,820,644

Technical Sentiment Signal: Sell

Current Market Cap: £7.62B

Find detailed analytics on PSON stock on TipRanks’ Stock Analysis page.