tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pearson Advances Share Buyback Program with Recent Purchase

Story Highlights
Pearson Advances Share Buyback Program with Recent Purchase

Meet Your ETF AI Analyst

Pearson ( (GB:PSON) ) has shared an announcement.

Pearson PLC announced the purchase of 696,588 of its own shares on the London Stock Exchange as part of its ongoing £350 million buyback program. This transaction, executed through Citigroup Global Markets Limited, is part of the second £175 million tranche, reflecting Pearson’s strategy to enhance shareholder value and optimize its capital structure.

The most recent analyst rating on (GB:PSON) stock is a Buy with a £1187.00 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 promising, despite challenges in revenue growth and specific business areas. Technical analysis and valuation suggest a fair market position, with potential for future growth driven by strategic execution and innovation.

To see Spark’s full report on GB:PSON stock, click here.

More about Pearson

Pearson PLC operates in the education sector, providing educational materials, technologies, assessments, and related services to institutions, educators, and learners globally. The company focuses on leveraging digital platforms to enhance learning experiences and outcomes.

Average Trading Volume: 1,788,198

Technical Sentiment Signal: Hold

Current Market Cap: £6.7B

See more insights into PSON stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1