Pearson Share News (PSON)

IN BRIEF: Pearson extends buyback programme by GBP200 million

Pearson PLC - London-based provider of digital and virtual learning programmes and materials - Appoints Citigroup Global Markets Ltd to run the company's GBP200 million share buyback programme. The programme will commence following completion of Pearson's current GBP300 million buyback, expected by Thursday next week. The company says it has so far repurchased GBP288 million worth of shares at a price of 928p each as part of this programme, launched in February. All repurchased shares will be cancelled.

TOP NEWS: Pearson on track for growth in 2024 after profitable year

(Alliance News) - Pearson PLC on Friday reported improved profits and margins despite a dip in sales, as the company said it was on track to deliver growth in line with expectations for 2024.

Pearson FY profits jump on strong demand for English courses

(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English language courses and extending its share buyback by £200m.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Barclays starts Dowlais at 'overweight'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

CORRECT: Barclays cuts Entain; HSBC raises Sainsbury

(Corrects that Goldman Sachs cut Ashtead Group PLC's price target, not Ashtead Technology Holdings PLC.)

LONDON BROKER RATINGS: Barclays cuts Entain; HSBC raises Sainsbury

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

TOP NEWS: Pearson reports sales and profit growth in "strong" year

(Alliance News) - Pearson PLC on Wednesday said it delivered a strong financial performance in 2023, and is "well-positioned for 2024 and beyond".

Pearson flags 5pc sales growth in 2023

(Sharecast News) - Education publisher Pearson reported a robust set of financial and strategic advancements in a full-year trading update on Wednesday, with 2023 underlying group sales growth coming in at 5%, excluding the impact of OPM and strategic review businesses.

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

IN BRIEF: Pearson divisional chief sells GBP2.8 million in shares

Pearson PLC - London-based publisher of educational materials - Giovanni Giovannelli, president of English Language Learning, sells 295,000 shares at GBP9.34, worth GBP2.8 million, on Friday last week.

Spirax-Sarco hires Croda executive as new chief financial officer

(Alliance News) - Spirax-Sarco Engineering PLC and Croda International PLC on Monday announced that Louisa Burdett, Croda's chief financial officer, will join Spirax-Sarco as CFO next year.