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Pearson ( (GB:PSON) ) just unveiled an announcement.
Pearson plc has announced the repurchase of 135,120 of its ordinary shares on the London Stock Exchange, as part of its ongoing £350 million buyback program. This move, which is part of the second £175 million tranche, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and providing a positive signal to the market regarding the company’s financial health.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1460.00 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 strong financial performance and strategic growth initiatives, particularly in Higher Education and Enterprise Learning. While technical indicators suggest caution, the company’s solid cash flow and reasonable valuation provide a stable investment outlook. The earnings call reinforced confidence in future growth, despite some operational challenges.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Average Trading Volume: 1,768,583
Technical Sentiment Signal: Hold
Current Market Cap: £6.68B
Learn more about PSON stock on TipRanks’ Stock Analysis page.