Pearson plc (GB:PSON) has released an update.
Pearson plc has effectively executed a share buyback, purchasing 450,000 of its own shares at prices ranging from 981.80p to 996.40p per share, with an average cost of 987.47p each. The shares acquired on the London Stock Exchange through Citigroup Global Markets Limited will be cancelled as part of the company’s ongoing buyback programme announced earlier in March. This move is likely to have an impact on the company’s share value and is of interest to shareholders and potential investors.
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