Pearson ( (GB:PSON) ) has provided an announcement.
Pearson plc has announced the commencement of a £350 million share buyback program, with the first tranche of £175 million starting on 18 March 2025 and expected to conclude by 18 August 2025. The program, managed by Morgan Stanley & Co. International plc, aims to reduce the company’s capital by repurchasing and canceling ordinary shares, with a second tranche of £175 million planned for the future.
More about Pearson
Pearson plc is a global education company that specializes in educational publishing and assessment services. It focuses on providing educational content, technology, and services to schools, colleges, and universities worldwide.
YTD Price Performance: -1.68%
Average Trading Volume: 1,491,109
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.3B
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