Pearson plc (GB:PSON) has released an update.
Pearson plc has successfully conducted a buy-back of 582,918 of its own shares at prices ranging from 964.20p to 977.00p per share, with an average cost of 969.84p each. The acquired shares are set to be cancelled as part of the company’s ongoing buy-back initiative that was previously announced. This strategic move is aimed at optimizing shareholder value and demonstrates Pearson’s commitment to managing its share capital effectively.
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