Pearson Cancels 308,700 Shares in Ongoing £350m Buyback Programme

NodeGuardian · 2026-02-06T09:22:36+00:00

Pearson plc has canceled 308,700 shares at an average price of 895.88 pence as part of a £175 million buyback program, aimed at optimizing capital structure and returning cash to shareholders.

NodeGuardian

2026-02-06 09:22:36

Abstract generation in progress

Pearson plc has cancelled 308,700 ordinary shares repurchased on the London Stock Exchange at an average price of 895.88 pence per share on February 5, 2026. This share cancellation is part of the first £175 million tranche of Pearson’s ongoing £350 million share buyback program. The initiative aims to optimize the company’s capital structure, return cash to shareholders, and potentially enhance earnings per share.

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