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RELX PLC Acquires 245,813 Own Shares for Treasury

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RELX PLC Acquires 245,813 Own Shares for Treasury

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

RELX PLC, a global provider of information-based analytics and decision tools, announced the purchase of 245,813 of its own ordinary shares on the London Stock Exchange, with plans to hold these shares in treasury. This transaction, executed through UBS AG London Branch, reflects the company’s ongoing strategy to manage its share capital effectively. The purchase highlights RELX PLC’s commitment to optimizing shareholder value and indicates a strategic move in corporate finance management, potentially influencing market perception and investor confidence.

More about RELX plc

YTD Price Performance: 11.91%

Average Trading Volume: 4,464

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $95.17B

See more data about REL stock on TipRanks’ Stock Analysis page.

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