8th Dec 2023 08:19
(Alliance News) - Relx PLC on Friday said it has completed a share buyback programme of 30.9 million shares, raising a total of GBP800 million.
The London-based professional information and analytics firm said it will now implement a share buyback programme of GBP150 million from January 2 to February 9.
It said the buyback programme was intended to reduce its share capital, with the shares repurchased to be held in treasury.
Relx also said that on Thursday it cancelled 31 million shares held in treasury.
Relx shares fell 0.4% to 3,077.00 each on Friday morning in London.
By Harvey Dorset, Alliance News reporter
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