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IN BRIEF: Relx plans GBP150 million share buyback in early 2025

6th Dec 2024 09:44

Relx PLC - London-based provider of business, scientific and legal information-based analytics and decision tools - Plans new share buyback worth up to GBP150 million, to take place from January 2 and February 7, ahead of the company's annual results release on February 13. Relx says it has completed its 2024 buyback programme, buying 28.9 million shares for GBP1 billion in total. UBS AG conducted the 2024 programme for Relx and also will manage the new buyback. All shares will be held in treasury. Relx says it cancelled 29 million shares on Thursday, leaving it with 1.86 billion shares in issue outside of treasury.

Current stock price: 3,768.45 pence, down 0.4%

12-month change: up 22%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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