Pearson PLC Advances Share Buyback Program with Recent Purchase

The latest update is out from Pearson ( (GB:PSON) ).

Pearson PLC has executed a share buyback transaction, purchasing 679,089 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, signifies Pearson’s strategic effort to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (GB:PSON) stock is a Hold with a £10.55 price target. To see the full list of analyst forecasts on Pearson stock, see the GB:PSON Stock Forecast page.

Spark’s Take on GB:PSON Stock

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

Pearson’s overall stock score reflects its strong earnings call and robust corporate actions, particularly the share buyback program, which enhances shareholder value. While financial performance is solid, challenges in revenue growth and bearish technical indicators slightly offset these strengths. Valuation metrics indicate a fair price, but no significant undervaluation.

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

More about Pearson

Pearson PLC is a global education company that provides a range of educational products and services, including textbooks, digital learning tools, and assessment services. The company focuses on delivering educational content and solutions to schools, universities, and individual learners worldwide.

Average Trading Volume: 1,964,089

Technical Sentiment Signal: Buy

Current Market Cap: £7.58B

Learn more about PSON stock on TipRanks’ Stock Analysis page.