Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
RELX plc ( (GB:REL) ) has issued an announcement.
RELX PLC, a global provider of information-based analytics and decision tools for professional and business customers, has announced a non-discretionary share buyback programme. The company plans to repurchase its ordinary shares between 24 April 2025 and 13 June 2025, with a budget of £300 million. This initiative is part of a larger £1.5 billion share buyback strategy for 2025, aimed at reducing the company’s capital by holding repurchased shares in treasury. The programme will be managed by ABN AMRO Bank N.V., which will operate independently under pre-set parameters and in compliance with UK and EU regulations.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc’s overall score is driven by strong financial performance and positive earnings outlook, supported by strategic share buybacks and focus on AI and analytics. However, technical analysis suggests limited momentum, and valuation metrics indicate caution due to a high P/E ratio. Despite these concerns, robust profitability and strategic initiatives support a favorable long-term market position.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
YTD Price Performance: 14.32%
Average Trading Volume: 13,627
Technical Sentiment Signal: Sell
Current Market Cap: $96.22B
For an in-depth examination of REL stock, go to TipRanks’ Stock Analysis page.