Pearson (GB:PSON) has released an update.
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Pearson PLC has announced the completion of a share buy-back, where the company repurchased 199,840 of its own shares at prices ranging between 1,055.00p and 1,069.50p, averaging at 1,063.27p per share. The acquired shares are to be cancelled as part of an ongoing buy-back programme initiated on March 1, 2024. This strategic move is aimed at returning value to shareholders and managing the company’s capital structure.
For further insights into GB:PSON stock, check out TipRanks’ Stock Analysis page.
