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RELX plc ( (GB:REL) ) has provided an update.
RELX PLC has announced the purchase of 124,404 of its own ordinary shares through JP Morgan Securities plc, which will be held as treasury shares. This transaction is part of a broader share buyback strategy that has seen the company repurchase over 27 million shares since January 2025, potentially enhancing shareholder value and indicating confidence in the company’s financial health.
The most recent analyst rating on (GB:REL) stock is a Buy with a £41.60 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 demonstrates strong financial performance and positive earnings call highlights, underpinning its robust overall stock score. While the stock’s valuation is high, the company’s strategic focus and recent corporate actions support its market position and future growth prospects.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
RELX PLC operates in the information and analytics industry, providing data-driven insights and analytics solutions across various sectors, including scientific, technical, medical, legal, and business domains.
Average Trading Volume: 3,037,164
Technical Sentiment Signal: Strong Buy
Current Market Cap: £73B
For a thorough assessment of REL stock, go to TipRanks’ Stock Analysis page.