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IN BRIEF: Relx plans £150 million share buyback in early 2025

ALN

Relx PLC - London-based provider of business, scientific and legal information-based analytics and decision tools - Plans new share buyback worth up to £150 million, to take place from January 2 and February 7, ahead of the company’s annual results release on February 13. Relx says it has completed its 2024 buyback programme, buying 28.9 million shares for £1 billion in total. UBS AG conducted the 2024 programme for Relx and also will manage the new buyback. All shares will be held in treasury. Relx says it cancelled 29 million shares on Thursday, leaving it with 1.86 billion shares in issue outside of treasury.

Current stock price: 3,768.45 pence, down 0.4%

12-month change: up 22%

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