Pearson (GB:PSON) has released an update.
Pearson PLC has actively repurchased 139,875 of its own shares at prices ranging between 972.80p and 982.40p, ultimately averaging out at 977.32p per share on the London Stock Exchange. These shares will be subsequently cancelled as part of an ongoing buy-back programme initiated by the company earlier this year. This strategic move is aimed at enhancing shareholder value and is consistent with previous announcements regarding stock repurchases.
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