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RELX plc ( (GB:REL) ) has provided an announcement.
RELX PLC announced the purchase of 210,195 of its own ordinary shares on the London Stock Exchange, which will be held as treasury shares. This transaction is part of its ongoing share buyback program, with a total of 19,515,938 shares repurchased since January 2025. The move is likely to impact the company’s capital structure and shareholder value positively, reflecting confidence in its financial health and future prospects.
The most recent analyst rating on (GB:REL) stock is a Buy with a £42.75 price target. To see the full list of analyst forecasts on RELX plc stock, see the GB:REL Stock Forecast page.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc is well-positioned in the publishing industry with strong financial performance, particularly in revenue growth and profitability. The strategic focus on AI and analytics, alongside robust cash flow management, supports a positive long-term outlook. However, concerns over high valuation and technical indicators suggesting limited momentum warrant caution.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX PLC operates in the information and analytics industry, providing data-driven solutions and services across various sectors, including scientific, technical, medical, and legal fields. The company focuses on delivering insights and analytics to enhance decision-making and improve outcomes for its clients.
Average Trading Volume: 4,466,304
Technical Sentiment Signal: Buy
Current Market Cap: £75.46B
See more insights into REL stock on TipRanks’ Stock Analysis page.