Informa plc (GB:INF) has released an update.
Informa PLC has reported robust operating performance with revenues and profits at the upper end of 2024 guidance, prompting a 50% increase in their share buyback program to £500m. The company is on track with the proposed NASDAQ-listed New TechTarget combination, expected to complete in Q4 2024, and has made key executive appointments to drive further growth. Additionally, a partnership with Microsoft will explore AI applications, enhancing Informa’s product offerings and operational efficiency.
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