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Pearson PLC Announces Block Listing of Shares

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Pearson PLC Announces Block Listing of Shares

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

Pearson PLC has applied for the block listing of 1,700,000 ordinary shares on the London Stock Exchange, which will be issued under the company’s Employee Stock Purchase Plan. This move is expected to enhance the company’s capital structure and provide more opportunities for employee investment, potentially strengthening its market position.

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 global leader in educational publishing and assessment services, providing a wide range of learning materials, technologies, and services to educators and students worldwide.

Average Trading Volume: 1,812,200

Technical Sentiment Signal: Hold

Current Market Cap: £6.75B

See more data about PSON stock on TipRanks’ Stock Analysis page.

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