25th Apr 2019 08:19
LONDON (Alliance News) - Analytics firm RELX PLC on Thursday confirmed it will complete its buyback programme by the end of 2019.
RELX has completed GBP250 million of its previously announced GBP600 million buyback, having returned GBP700 million in 2018.
Business trends remain unchanged, RELX said, with the focus for the firm being on organic development.
It has made five acquisitions so far in 2019, totalling GBP236 million.
"We are confident that, by continuing to execute on our strategy, we will deliver another year of underlying growth in revenue and in adjusted operating profit, together with growth in adjusted earnings per share on a constant currency basis," said RELX.
Shares in RELX, which is holding its annual general meeting in London on Thursday, were up 0.1% at 1,731.50 pence in early trade.
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