Pearson plc (GB:PSON) has released an update.
Pearson plc has announced the buy-back of 451,069 of its own shares at an average price of 990.33p, with the transaction facilitated by Citigroup Global Markets Limited. These repurchased shares, which were bought on the London Stock Exchange and other trading venues, will be cancelled as part of the company’s ongoing share buy-back programme initiated earlier in March. The move is part of Pearson’s efforts to return value to shareholders and manage its capital structure effectively.
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