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RELX PLC Initiates £350M Share Buyback
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RELX PLC Initiates £350M Share Buyback

RELX plc (GB:REL) has released an update.

RELX PLC has announced the launch of a new £350 million non-discretionary share buyback programme, running from April 25 to July 22, 2024, as part of its larger plan to spend £1 billion on buybacks in 2024. This move follows a recently completed £250 million buyback and aims to reduce the company’s capital by holding the repurchased shares in treasury. The share repurchase will be managed independently by UBS AG London Branch within the parameters set by the company’s general authority granted by shareholders.

For further insights into GB:REL stock, check out TipRanks’ Stock Analysis page.

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