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RELX PLC Announces Share Buyback to Enhance Capital Structure

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RELX PLC Announces Share Buyback to Enhance Capital Structure

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RELX plc ( (GB:REL) ) has shared an announcement.

RELX PLC, a global provider of information-based analytics and decision tools, announced the repurchase of 239,844 ordinary shares through UBS AG London Branch on the London Stock Exchange, which will be held as treasury shares. This transaction brings the total number of treasury shares to 23,932,913, while the total shares in issue remain at 1,857,164,001 (excluding treasury shares). This strategic buyback indicates the company’s continued focus on managing its capital structure and returning value to shareholders.

More about RELX plc

YTD Price Performance: 16.34%

Average Trading Volume: 4,472

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $96.22B

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

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