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RELX plc ( (GB:REL) ) has provided an update.
RELX plc has announced the purchase of 116,300 of its own ordinary shares on the London Stock Exchange through JP Morgan Securities plc, which will be held as treasury shares. This transaction is part of a broader strategy, as the company has acquired over 28 million shares since the beginning of 2025. The move is likely aimed at consolidating its share capital and potentially enhancing shareholder value.
The most recent analyst rating on (GB:REL) stock is a Buy with a £42.75 price target. To see the full list of analyst forecasts on RELX plc stock, see the GB:REL Stock Forecast page.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc’s strong financial performance and positive earnings call are the most significant factors contributing to its high score. The strategic share buyback program further enhances shareholder value. However, the stock’s high valuation and mixed technical indicators slightly offset these strengths.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX plc is a global provider of information and analytics for professional and business customers across industries. The company operates in various sectors including scientific, technical, and medical, legal, risk and business analytics, and exhibitions.
Average Trading Volume: 2,802,013
Technical Sentiment Signal: Buy
Current Market Cap: £69.76B
For detailed information about REL stock, go to TipRanks’ Stock Analysis page.