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Pearson ( (GB:PSON) ) has issued an announcement.
Pearson PLC announced a transaction involving its CEO, Omar Abbosh, regarding the release and sale of ordinary shares. As part of the company’s Long-Term Incentive Plan, shares were released and subsequently sold to cover the tax liabilities associated with the vesting share awards. This transaction, conducted on the London Stock Exchange, underscores Pearson’s ongoing commitment to aligning executive compensation with company performance, potentially impacting shareholder value and market perception.
More about Pearson
Pearson PLC is a multinational company operating in the education sector, primarily known for its educational publishing and assessment services. It focuses on providing content, assessment, and digital services to learners, educators, and institutions worldwide.
YTD Price Performance: 0.66%
Average Trading Volume: 1,418,519
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.51B
Find detailed analytics on PSON stock on TipRanks’ Stock Analysis page.