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LSEG Executes Share Buyback to Optimize Capital Structure

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LSEG Executes Share Buyback to Optimize Capital Structure

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

London Stock Exchange Group PLC has executed a share buyback program, purchasing 70,411 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 10,760.00p to 10,925.00p, with a volume-weighted average price of 10,863.99p. These shares will be held in treasury, adjusting the total voting rights to 530,638,856. This move is part of LSEG’s strategy to manage its capital structure and potentially enhance shareholder value.

More about London Stock Exchange

London Stock Exchange Group PLC (LSEG) operates in the financial services industry, providing a range of services including capital formation, trading, clearing, and information services. It is a key player in the global financial markets, facilitating the buying and selling of securities and offering data and analytics solutions.

YTD Price Performance: -2.97%

Average Trading Volume: 1,130,114

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £57.6B

Learn more about LSEG stock on TipRanks’ Stock Analysis page.

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