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Pearson ( (GB:PSON) ) has shared an announcement.
Pearson PLC announced the purchase of 151,463 of its ordinary shares on the London Stock Exchange as part of its ongoing £350 million buyback program. This move, executed through Citigroup Global Markets Limited, is part of the second £175 million tranche, aimed at enhancing shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1176.00 price target. To see the full list of analyst forecasts on Pearson stock, see the GB:PSON Stock Forecast page.
Spark’s Take on GB:PSON Stock
According to Spark, TipRanks’ AI Analyst, GB:PSON is a Outperform.
Pearson’s overall stock score reflects a stable financial outlook with strong cash flow and profitability metrics. The company’s strategic initiatives and growth in key segments are positive, though challenges in revenue growth and technical indicators suggest caution. The valuation is fair, and the earnings call indicates a promising strategic direction.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC is a leading company in the education industry, primarily focusing on providing educational materials, technologies, and services to schools, universities, and individual learners worldwide.
Average Trading Volume: 1,812,200
Technical Sentiment Signal: Hold
Current Market Cap: £6.75B
For an in-depth examination of PSON stock, go to TipRanks’ Overview page.