Pearson (GB:PSON) has released an update.
Pearson PLC has reported the purchase of 97,108 of its own ordinary shares at prices ranging from 1,027.50p to 1,038.50p, with an average cost of 1,032.27p per share, through the London Stock Exchange. The shares were acquired as part of an existing buy-back program with the intention of cancellation. This buyback initiative, aimed at reducing share capital, was previously announced and is being executed by Citigroup Global Markets Limited.
For further insights into GB:PSON stock, check out TipRanks’ Stock Analysis page.