tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

RELX PLC Expands Share Buyback Program with Latest Purchase

Story Highlights
RELX PLC Expands Share Buyback Program with Latest Purchase

TipRanks Cyber Monday Sale

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

RELX PLC announced the purchase of 60,900 of its own ordinary shares through JP Morgan Securities plc, which will be held as treasury shares. This transaction is part of their ongoing share buyback program, with the company having acquired a total of 39,084,674 ordinary shares since January 2025. This move is likely aimed at enhancing shareholder value and optimizing capital structure, reflecting confidence in the company’s financial position and future prospects.

The most recent analyst rating on (GB:REL) stock is a Buy with a £43.45 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 sentiment are the most significant factors contributing to the score. However, the stock’s technical indicators suggest a bearish trend, and its valuation appears high, which tempers the overall score.

To see Spark’s full report on GB:REL stock, click here.

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 the fields of science, technical, and medical analytics, legal analytics, and risk and business analytics, serving a wide range of markets including academic institutions, legal professionals, and corporations.

Average Trading Volume: 4,115,300

Technical Sentiment Signal: Hold

Current Market Cap: £56.15B

Find detailed analytics on REL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1