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LSEG Cancels Over One Million Shares in Ongoing Buyback Programme

Story Highlights
  • LSEG repurchased just over one million shares for cancellation under its ongoing buyback programme.
  • After cancellation, LSEG will have 493,016,844 voting shares, resetting the disclosure reference base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
LSEG Cancels Over One Million Shares in Ongoing Buyback Programme

Meet Samuel – Your Personal Investing Prophet

London Stock Exchange ( (GB:LSEG) ) has shared an announcement.

London Stock Exchange Group has repurchased just over one million of its ordinary shares on the London Stock Exchange between 27 April and 1 May as part of its previously announced share buyback programme. The purchases, executed via Goldman Sachs International within a price range of about £94.82 to £100.45 per share, are intended to be cancelled.

Following cancellation of the repurchased stock, LSEG will have 493,016,844 ordinary shares in issue excluding treasury shares, while holding 21,451,599 shares in treasury. The updated total voting rights figure of 493,016,844 will serve as the new reference point for shareholders and other investors when assessing disclosure obligations under the UK’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £119.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Spark’s Take on LSEG Stock

According to Spark, TipRanks’ AI Analyst, LSEG is a Outperform.

The score is driven primarily by solid underlying financial performance (strong revenue growth and operating margins) and a positive earnings outlook with margin expansion, free-cash-flow targets, and substantial buybacks. These positives are tempered by premium valuation, mixed cash-flow stability in the latest period, and technical signals that suggest short-term strength but less favorable long-term trend positioning.

To see Spark’s full report on LSEG stock, click here.

More about London Stock Exchange

London Stock Exchange Group plc is a global financial markets infrastructure and data provider, operating equity, fixed income and derivatives markets, as well as post-trade, indexing and analytics services. The group serves institutional and corporate clients worldwide, with a focus on trading, clearing, market data and related technology solutions that underpin capital markets activity.

Average Trading Volume: 2,174,625

Technical Sentiment Signal: Strong Buy

Current Market Cap: £47.33B

For detailed information about LSEG stock, go to TipRanks’ Stock Analysis page.

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