Pearson plc (GB:PSON) has released an update.
Pearson plc has recently bolstered its financial strategy by acquiring 10,676 of its own ordinary shares at a price range between 1,009.00p and 1,010.00p, with an average cost of 1,009.68p per share, from the London Stock Exchange through Citigroup Global Markets Limited. The company intends to cancel these shares as a part of an ongoing buy-back program initiated earlier in March. This move is aligned with Pearson’s efforts to manage its share capital effectively.
For further insights into GB:PSON stock, check out TipRanks’ Stock Analysis page.
