Pearson plc (GB:PSON) has released an update.
Pearson plc has successfully executed a share buyback on April 18, 2024, purchasing 312,996 of its own shares at prices ranging from 987.60p to 997.40p, with an average cost of 993.15p per share. The company plans to cancel the acquired shares, which is part of an ongoing buyback programme initiated earlier in March. This move could signify management’s confidence in the company’s value and financial health, potentially impacting investor sentiment.
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