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RELX plc ( (GB:REL) ) has provided an announcement.
RELX PLC has announced the repurchase of 134,301 ordinary shares on the London Stock Exchange through UBS AG London Branch, to be held as treasury shares. This transaction is part of a larger share buyback program initiated since January 2025, which has seen the company purchase a total of 3,839,586 ordinary shares. The accumulation of treasury shares is a strategic move by RELX PLC, potentially aimed at enhancing shareholder value and optimizing capital structure.
More about RELX plc
RELX PLC is a global provider of information-based analytics and decision tools for professional and business customers across industries. The company operates in various sectors, offering services in scientific, technical, and medical fields, legal, risk and business analytics, and exhibitions.
YTD Price Performance: 9.51%
Average Trading Volume: 4,317
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $93.11B
For a thorough assessment of REL stock, go to TipRanks’ Stock Analysis page.