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London Stock Exchange (GB:LSEG)
LSE:LSEG

London Stock Exchange (LSEG) AI Stock Analysis

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GB:LSEG

London Stock Exchange

(LSE:LSEG)

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Outperform 71 (OpenAI - 5.2)
Rating:71Outperform
Price Target:
9,697.00 p
▲(12.18% Upside)
Action:UpgradedDate:03/03/26
The score is driven primarily by solid underlying financial performance (strong revenue growth and operating margins) and a positive earnings outlook with margin expansion, free-cash-flow targets, and substantial buybacks. These positives are tempered by premium valuation, mixed cash-flow stability in the latest period, and technical signals that suggest short-term strength but less favorable long-term trend positioning.
Positive Factors
Recurring subscription & diversified revenue
LSEG's revenue mix is anchored by subscription-based Data & Analytics alongside trading and clearing fees, producing durable recurring revenue. Accelerating D&A and broad organic growth indicate resilient demand, high customer retention, and cross-sell potential that underpin multi-year topline stability.
High operating margins and margin expansion
Sustained EBITDA margins above 50% reflect strong operating leverage from scalable data products and exchange/clearing infrastructure. Continued margin targets and integration synergies suggest persistent profitability advantages, enabling reinvestment and supporting durable cash generation through business cycles.
Strong cash generation and shareholder returns
Record FCF and sizable buybacks/dividend increases show robust cash conversion capacity and disciplined capital allocation. This financial flexibility funds shareholder returns while preserving capacity for strategic investment, reinforcing long-term investor confidence and optionality for M&A or tech investment.
Negative Factors
Choppy free cash flow and cash-conversion inconsistency
Although operating cash flow grew over time, volatile free cash flow and near-zero cash-conversion metrics in 2024–25 reduce predictability of distributable cash. Persistent variability from working-capital swings or higher investment complicates forecasting and weakens near-term confidence in sustainable cash returns.
Rising leverage and higher finance costs
Aggressive share repurchases and refinancing will raise net leverage toward ~2.0x and increase net finance expense. Elevated leverage reduces balance-sheet flexibility for large M&A or shock absorption, and higher interest costs can weigh on net margins and earnings stability over the medium term.
AI monetization and distribution early-stage
While partnerships and internal AI adoption show promise, MCP and consumption-based AI revenue remain nascent and not yet a material contributor. Uncertain timing and scale of monetization mean projected upside is speculative, limiting its reliability as a durable earnings driver in the near-to-medium term.

London Stock Exchange (LSEG) vs. iShares MSCI United Kingdom ETF (EWC)

London Stock Exchange Business Overview & Revenue Model

Company DescriptionLondon Stock Exchange Group plc engages in the market infrastructure business primarily in the United Kingdom, the United States, other European countries, Asia, and internationally. The company operates through three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-trading, and foreign exchange markets, including London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall, and Tradeweb. The company also provides information and data products, such as indexes, benchmarks, real time pricing data and trade reporting, and reconciliation services, as well as network connectivity and server hosting services; market trading services; and clearing, risk management, capital optimization, and regulatory reporting solutions. In addition, it offers media training, events space, and studio hire services. Further, the company licenses capital markets; installs software; and provides maintenance services. London Stock Exchange Group plc was founded in 1698 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyLSEG generates revenue through multiple key streams. Firstly, it earns transaction fees from trading activities on its various trading platforms, such as the London Stock Exchange and Borsa Italiana. Secondly, the company provides post-trade services, including clearing and settlement, which also contribute significant revenue through fees charged to market participants. Thirdly, LSEG capitalizes on its data and analytics segment, offering comprehensive financial data, indices, and information services that attract subscription fees from clients. Moreover, partnerships with other financial institutions and technology firms enhance its product offerings and expand its market reach, contributing to its overall earnings. The acquisition of Refinitiv has further diversified its revenue streams by integrating advanced data analytics and trading solutions into its portfolio.

London Stock Exchange Earnings Call Summary

Earnings Call Date:Feb 26, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Jul 31, 2026
Earnings Call Sentiment Positive
The call presented a broad set of positive operational and financial outcomes: strong revenue and organic growth, meaningful margin expansion, double-digit EPS/free cash flow per share growth, record free cash flow, active and shareholder-friendly capital allocation, clear AI and product commercialization progress (MCP, partnerships, Workspace migration) and continued Markets/Post Trade momentum. The primary negatives are near-term cash timing and working capital effects, an expected rise in net finance costs from refinancing and buybacks, slightly higher leverage from an aggressive buyback program, and the early-stage nature of AI monetization (upside not yet fully quantified). Overall, the positives — consistent growth, margin and cash generation, strategic AI/digital traction and active capital returns — materially outweigh the manageable operational and financial headwinds described.
Q4-2025 Updates
Positive Updates
Group Revenue Growth
Revenues grew 7.6% in FY2025 with all businesses contributing positively; management guides organic revenue growth of 6.5%–7.5% for 2026 and mid- to high single-digit growth in the 2027–2029 medium-term period.
Strong Organic Growth and Subscription Momentum
Organic growth was 7.1% for the year. Subscription businesses (Data & Analytics, FTSE Russell, Risk Intelligence) collectively achieved ~6% growth in 2025 with D&A accelerating (D&A organic growth ~5%) and management expecting subscription acceleration into 2026 and beyond.
EBITDA Margin Expansion and Profitability
Full-year EBITDA margin expanded ~210 basis points year-on-year (110 bps underlying + 100 bps from Post Trade Solutions), taking full-year EBITDA margins above 50% for the first time. Management targets a further 80–100 bps margin improvement in 2026 and a cumulative ~150 bps improvement across 2027–2029.
Earnings and Operating Leverage
Adjusted EPS/AEPS grew strongly: adjusted EPS grew ~16% (MAP reported 15.7% AEPS), adjusted EBITDA grew 11.8%, AOP grew 14.3%, and EPS growth was 19.4% on a constant currency basis — demonstrating operating leverage (revenues +7.1% vs. EBITDA +11.8%).
Record Free Cash Flow and Cash Returns
Record free cash flow of GBP 2.45 billion (beat guidance of at least GBP 2.4bn at constant rates). Free cash flow per share grew 14% in 2025 and ~60% over the last two years. Company returned GBP 2.8 billion (dividends + buybacks) in the year and announced a further GBP 3 billion buyback program over the next 12 months.
Dividend Increase and Share Buybacks
Final dividend proposed at 103p (up ~15.7%, in line with EPS). Share buybacks accelerated with GBP 2.1 billion completed in 2025 and a new GBP 3 billion commitment announced for the next 12 months.
Operational Efficiency and Cost Control
Total OpEx rose only 3.5% (approximately half the rate of revenue growth). Third-party services costs down 11.6% year-on-year. Total headcount decreased by ~700, internal employees now ~75% of workforce, and integration costs fell 41% as Refinitiv integration concluded.
Digital & AI Progress and Commercial Traction
LSEG Everywhere and AI initiatives showed early traction: over 60 financial institutions connected to MCP servers (hundreds of prospective users/ leads), partnerships with Microsoft and OpenAI (ChatGPT connector), and strong early demand for MCP; reported productivity improvements from internal AI adoption (e.g., 9x faster content extraction, 52% reduction in data quality issues, 11% uplift in engineering productivity).
Markets & Post Trade Strength
Markets delivered robust performance: Tradeweb extended interest rate swaps share (+180 bps), FX grew 7.5%, Equities revenue up 5.1%, clearing revenues grew double digits across interest rate swaps, FX, CDS and repos, and Post Trade Solutions revenue growing double digits with network expansion and new bank partnerships.
New KPIs and Product Innovation
Introduced new subscription KPIs: gross sales rolling up ~11% in H2 vs H1, consolidated revenue retention 92.4%, and New Product Vitality Index (NPVI) at 24% (revenue from products new/enhanced in last 5 years), indicating meaningful product renewal and innovation contribution.
Negative Updates
Working Capital and Timing Effects
There was a negative working capital variation of GBP 400 million in the year driven by: GBP 90 million reduction in SwapClear pay accrual, GBP 80 million reduction in creditors tied to treasury income, and ~GBP 150 million of accelerated supplier payments to crystallize procurement gains.
Higher Net Financial Expense Expected in 2026
Net financial expense is expected to rise to GBP 260–270 million in 2026 due to refinancing of existing low-coupon debt at higher rates and the financial impact of the announced buybacks; 2025 included some one-offs (GBP 23m bond tender credit, GBP 12m hedge discontinuance gain).
Increased Leverage from Aggressive Buybacks
The new GBP 3 billion buyback pushes projected net debt-to-EBITDA toward ~2.0x by end-2026 (from 1.8x at year-end 2025); management states this still leaves M&A firepower but increases leverage relative to prior levels.
AI Monetization and Distribution Early-Stage / Uncertainty
AI and MCP distribution channels are in early adoption: strong initial traction but management acknowledged it is early days and has not yet fully quantified revenue upside; MCP-enabled access is incremental to existing LDAs (not yet included in major LDAs), so timing and magnitude of consumption-based revenue are still uncertain.
Continued Non-Underlying and Integration Costs (Declining but Present)
Although integration and non-underlying costs fell (integration costs down 41%), some restructuring and non-underlying costs remain in 2026 as remaining integration activities continue to wind down.
Working Assumptions & Short-Term Cash Timing
Management advises modeling a typical working capital outflow of GBP 100–150 million going forward; short-term cash timing choices (early supplier payments) boosted procurement outcomes but weighed on FY2025 working capital.
Company Guidance
LSEG guided to organic revenue growth of 6.5–7.5% for 2026 with continued acceleration in subscription businesses (D&A in particular) and expects adjusted EBITDA margin to improve 80–100bps on a constant currency basis (midpoint 90bps — ~60bps to complete the previously committed 250bps uplift for 2024–26 plus ~30bps from further SwapClear revenue‑surplus reductions). They target CapEx intensity of ~9.5% in 2026 (falling to ~8% by 2029 with absolute CapEx ~£900–950m), at least £2.7bn of free cash flow in 2026, net financial expense of c.£260–270m, and a tax rate of 24–25%. Capital allocation includes a further £3bn buyback over the next 12 months (on top of >£400m already executed), dividends to increase in line with earnings (2025 final dividend 103p, +15.7%), and balance‑sheet flexibility (net debt/EBITDA ~1.8x at year‑end 2025, ~2.0x expected by end‑2026). Medium‑term (2027–29) guidance is mid‑to‑high single‑digit revenue growth (c.6.5% in 2026 toward ~7% in 2027), cumulative EBITDA margin improvement of ~150bps over 2027–29, and double‑digit CAGR in free cash flow per share.

London Stock Exchange Financial Statement Overview

Summary
Strong multi-year revenue expansion and consistently high operating profitability (EBITDA margins ~45–48%, healthy EBIT margins). Offsetting factors are volatility below the operating line (net margin dip in 2024), a modest increase in leverage in 2025, and choppy free cash flow with a notable setback in the latest year and weaker/unclear cash-conversion indicators.
Income Statement
78
Positive
Revenue shows a solid multi-year upward trajectory (2020–2025 annual revenue rising from ~£2.0B to ~£9.3B), with continued growth in 2023–2025. Profitability looks strong at the operating level with consistently high EBITDA margins (~45%–48%) and healthy EBIT margins (~17%–27%). However, net margin is more volatile (roughly ~7%–14%) and dips notably in 2024 before rebounding in 2025, indicating below-the-line variability (e.g., financing, tax, or other items) that makes bottom-line quality less consistent than core operating performance.
Balance Sheet
70
Positive
Leverage appears manageable with debt-to-equity generally in a moderate range (~0.34–0.59) but trending higher in 2025 versus 2022–2024, which slightly increases financial risk. Equity remains sizable, supporting balance-sheet resilience, though returns on equity are modest in most years (~2%–6%) with a stronger 2025 and an outlier-high 2020, suggesting overall capital efficiency is acceptable but not consistently strong.
Cash Flow
62
Positive
Operating cash flow is consistently positive and has grown over time (from ~£1.0B in 2020 to ~£3.6B in 2025), supporting the earnings profile. Free cash flow, however, is choppy: it improved in 2024 but shows a sharp decline in 2025 (negative growth), signaling either higher investment, working-capital drag, or less favorable cash conversion in the latest period. The provided cash-conversion indicators are inconsistent/near-zero in 2024–2025, which limits confidence in the reported cash-to-earnings relationship for those years.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue9.31B8.86B8.38B7.74B6.54B
Gross Profit3.75B7.68B7.24B6.68B5.68B
EBITDA4.50B4.14B3.89B3.55B2.96B
Net Income1.25B685.00M761.00M790.00M461.00M
Balance Sheet
Total Assets796.70B732.82B805.01B835.16B787.11B
Cash, Cash Equivalents and Short-Term Investments3.96B2.13B3.58B3.44B2.67B
Total Debt11.72B9.96B9.70B8.82B8.37B
Total Liabilities774.45B707.67B779.07B807.00B761.59B
Stockholders Equity19.78B23.01B23.81B26.00B23.64B
Cash Flow
Free Cash Flow3.50B2.39B1.87B2.54B2.51B
Operating Cash Flow3.62B3.40B2.94B2.74B2.60B
Investing Cash Flow-2.05B-1.28B-1.37B-909.00M3.68B
Financing Cash Flow-1.06B-2.16B-1.09B-1.47B-5.35B

London Stock Exchange Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8644.00
Price Trends
50DMA
8315.84
Positive
100DMA
8618.02
Positive
200DMA
9133.41
Negative
Market Momentum
MACD
171.80
Negative
RSI
55.86
Neutral
STOCH
75.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:LSEG, the sentiment is Positive. The current price of 8644 is above the 20-day moving average (MA) of 8447.90, above the 50-day MA of 8315.84, and below the 200-day MA of 9133.41, indicating a neutral trend. The MACD of 171.80 indicates Negative momentum. The RSI at 55.86 is Neutral, neither overbought nor oversold. The STOCH value of 75.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:LSEG.

London Stock Exchange Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
£2.94B12.1647.78%4.70%1.09%4.88%
80
Outperform
£930.83M4.5114.91%4.65%-10.92%-24.05%
78
Outperform
£4.57B10.5520.39%3.62%9.46%32.24%
73
Outperform
£1.95B10.289.39%6.35%5.77%81.14%
71
Outperform
£43.17B37.566.10%1.54%6.02%44.64%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
65
Neutral
£1.85B21.0949.89%2.43%17.97%25.51%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:LSEG
London Stock Exchange
8,644.00
-2,164.61
-20.03%
GB:CMCX
CMC Markets
333.50
128.71
62.85%
GB:IGG
IG Group Holdings
1,360.00
436.67
47.29%
GB:PLUS
Plus500
4,204.00
1,622.66
62.86%
GB:TCAP
TP ICap
275.50
26.88
10.81%
GB:AJB
AJ BELL PLC
466.60
63.73
15.82%

London Stock Exchange Corporate Events

Regulatory Filings and Compliance
London Stock Exchange Group Confirms Updated Total Voting Rights
Neutral
Mar 2, 2026

London Stock Exchange Group has confirmed that, as of the close of trading on 27 February 2026, its issued share capital comprises 526,784,118 ordinary shares, of which 21,451,599 are held in treasury and 505,332,519 carry voting rights. The company stated that the total of 505,332,519 voting rights should be used by shareholders as the reference figure when assessing disclosure obligations under the FCA’s transparency rules, clarifying the base for regulatory ownership notifications.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £12740.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 34,592 Shares Following Latest Buyback Tranche
Positive
Feb 27, 2026

London Stock Exchange Group has repurchased 34,592 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme, paying a volume-weighted average price of 8,126.60p per share. The purchases were executed by Morgan Stanley & Co. International and reflect the group’s continued use of excess capital to return value to shareholders.

All repurchased shares will be cancelled, leaving 505,332,519 ordinary shares in issue excluding treasury shares and 21,451,599 shares held in treasury. The updated share count sets the new total voting rights in the company, a key reference point for investors monitoring significant holdings under the FCA’s disclosure and transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
LSEG Delivers Strong 2025 Growth, Boosts Payouts and Doubles Down on AI Data Strategy
Positive
Feb 26, 2026

London Stock Exchange Group reported strong 2025 results, with total income excluding recoveries up 7.1% on an organic constant-currency basis and broad-based growth across Data & Analytics, FTSE Russell, Risk Intelligence and Markets. Adjusted EBITDA rose 11.8% with margin expanding to 50.3%, adjusted EPS increased 15.7% to 420.6p, and robust cash generation supported £2.8bn returned to shareholders and a 15.4% dividend increase.

Management highlighted growing demand for its “LSEG Everywhere” AI-ready data strategy, signing major long-term data and workflow contracts worth £1.9bn in the fourth quarter and partnering with platforms such as Anthropic, Microsoft, OpenAI and Snowflake. Strategic moves included bank investment in Post Trade Solutions, innovation in digital and private markets infrastructure, and guidance for continued mid-to-high single-digit income growth, rising margins, strong cash flow and a further £3bn in share buybacks through 2027.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackFinancial Disclosures
London Stock Exchange Group Launches £750m Share Buyback Programme
Positive
Feb 26, 2026

London Stock Exchange Group has launched a share buyback programme of up to £750 million of its ordinary shares, following the release of its preliminary 2025 results. The move underscores the group’s confidence in its financial position and strategy while aiming to enhance shareholder returns by reducing the company’s share capital.

Under the programme, Morgan Stanley & Co. International will act as riskless principal, independently executing share purchases within preset parameters until no later than 29 May 2026. Shares bought on the London Stock Exchange and Turquoise will be on-sold to the company and cancelled, with transactions conducted under existing shareholder authorities and UK market abuse and listing regulations.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
LSEG launches Model‑as‑a‑Service with Societe Generale as key model partner
Positive
Feb 19, 2026

London Stock Exchange Group has launched a Model‑as‑a‑Service platform that lets financial institutions host, distribute and analyse models within a secure, governed marketplace, integrated with its existing data and analytics. The service, built on LSEG’s strategic partnership with Microsoft, allows portfolio managers and risk teams to access models and datasets at scale without extra integration work.

Societe Generale has joined as a key content partner, making seven flagship datasets and analytics across fixed income, FX, ESG and equities available alongside LSEG’s tools in a single interface. The collaboration offers banks and asset managers a streamlined route to commercialise proprietary analytics, reduce infrastructure and compliance burdens, and plug models directly into AI ecosystems such as Microsoft Copilot Studio via Model Context Protocol connectors.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £120.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Completes Latest Share Buyback, Cuts Shares in Issue
Positive
Feb 11, 2026

London Stock Exchange Group has continued its share buyback programme by purchasing 353,987 ordinary shares on 10 February 2026 through Citigroup Global Markets, at an average price of 7,411.63 pence per share. The group intends to cancel these shares, reducing the number of shares in issue and concentrating equity ownership among remaining investors.

Following cancellation, LSEG will have 505,367,111 ordinary shares in issue, with 21,451,599 shares held in treasury, setting the company’s total voting rights at 505,367,111. The company confirmed these trades complete the previously announced irrevocable buyback arrangement with Citi, giving shareholders a clear reference point for disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After £28.8m Buyback Tranche
Positive
Feb 10, 2026

London Stock Exchange Group has continued its share buyback programme, repurchasing 381,934 ordinary shares on 9 February 2026 via Citigroup Global Markets at an average price of 7,551.87p. The group intends to cancel all of these shares, underscoring an ongoing capital return strategy that can enhance earnings per share and signal confidence in its long-term prospects.

Following the cancellation, LSEG will have 505,721,098 ordinary shares in issue, excluding 21,451,599 shares held in treasury, setting total voting rights at 505,721,098. This updated share and voting rights structure is material for investors tracking their disclosure thresholds under UK transparency rules and may incrementally increase existing shareholders’ relative ownership stakes.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Cancels 361,745 Shares Under Ongoing Buyback Programme
Neutral
Feb 9, 2026

London Stock Exchange Group has repurchased 361,745 ordinary shares from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 7,550.35 pence per share. The company intends to cancel all these shares, with purchases executed across the London Stock Exchange and Turquoise venues.

Following cancellation, LSEG will have 506,103,032 ordinary shares in issue excluding treasury and will hold 21,451,599 shares in treasury, setting total voting rights at 506,103,032. The updated share count and voting rights figure provides a new reference point for investors and other stakeholders when assessing their disclosure obligations and tracking the impact of the buyback on ownership and capital structure.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Cancels 256,000 Shares Under Ongoing Buyback Programme
Positive
Feb 6, 2026

London Stock Exchange Group has continued executing its share buyback programme, repurchasing 256,419 ordinary shares on 5 February 2026 via Citigroup Global Markets at an average price of 7,533.05p per share, with prices ranging between 7,332.00p and 7,608.00p. The company intends to cancel all of these shares, reducing the number of ordinary shares in issue (excluding treasury) to 506,464,777 and maintaining 21,451,599 shares in treasury, thereby setting the total voting rights at 506,464,777 for transparency and regulatory reporting purposes, and marginally enhancing earnings per share and capital return for existing shareholders.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £134.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 290,987 Shares After Latest Buyback Tranche
Neutral
Feb 5, 2026

London Stock Exchange Group has repurchased 290,987 of its ordinary shares on the London Stock Exchange, at an average price of 7,053.53 pence per share, as part of the share buyback programme launched in November 2025. All of the purchased shares will be cancelled, leaving 506,721,196 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, thereby reducing the free float and confirming the updated total voting rights figure that shareholders should use for regulatory disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Hold with a £7611.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Buys Back and Cancels 253,226 Shares, Updates Voting Rights
Positive
Feb 4, 2026

London Stock Exchange Group has continued to execute its share buyback programme, repurchasing 253,226 ordinary shares on 3 February 2026 via Citigroup Global Markets at an average price of 7,685.36p per share. The company intends to cancel all of the repurchased shares, leaving 507,012,183 ordinary shares in issue and 21,451,599 shares held in treasury, a move that reduces the free float and is likely to enhance earnings per share while clarifying the new total voting rights figure for investors and other stakeholders subject to UK disclosure rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £120.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 246,500 Shares After Latest Buyback Transaction
Neutral
Feb 3, 2026

London Stock Exchange Group has repurchased 246,500 of its ordinary shares on 2 February 2026 through Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,220.94p per share within a range of 8,120.00p to 8,326.00p. All purchased shares will be cancelled, leaving 507,265,409 ordinary shares in issue and 21,451,599 shares held in treasury, a change that slightly reduces the company’s free float while setting the new total voting rights figure that shareholders must use for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £120.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Regulatory Filings and Compliance
London Stock Exchange Group Confirms Updated Total Voting Rights
Neutral
Feb 2, 2026

London Stock Exchange Group plc has reported that, as of the close of business on 30 January 2026, its share capital comprised 528,963,508 ordinary shares, including 507,511,909 ordinary shares in issue excluding treasury shares and 21,451,599 shares held in treasury. This confirms that the total number of voting rights in LSEG stands at 507,511,909, a key reference figure for shareholders and market participants in calculating disclosure thresholds and determining whether they must notify holdings or changes in holdings under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £120.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 239,925 Shares After Latest Buyback Transaction
Neutral
Feb 2, 2026

London Stock Exchange Group has repurchased 239,925 of its ordinary shares on 30 January 2026 as part of its previously announced share buyback programme, paying an average price of 8,165.66 pence per share, with transactions executed by Citigroup Global Markets on the London Stock Exchange and Turquoise. The company intends to cancel all of the repurchased shares, leaving 507,511,909 shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, a change that reduces the free float and confirms the new total voting rights figure for shareholders and other market participants to use for regulatory disclosure purposes.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £132.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 223,000 Shares in Ongoing Buyback, Adjusts Voting Rights Base
Neutral
Jan 30, 2026

London Stock Exchange Group has continued executing its previously announced share buyback programme, repurchasing 223,295 ordinary shares on 29 January 2026 through Citigroup Global Markets at an average price of 8,246.46p per share. All of the repurchased shares will be cancelled, reducing the number of ordinary shares in issue (excluding treasury) to 507,751,834 and setting total voting rights at that level, a change relevant for shareholders monitoring their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £12600.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 209,783 Shares Under Ongoing Buyback Programme
Neutral
Jan 29, 2026

London Stock Exchange Group has repurchased 209,783 of its ordinary shares on 28 January 2026 through Citigroup Global Markets as part of its ongoing share buyback programme. The shares, acquired at an average price of 8,295.63 pence and to be cancelled in full, will reduce the company’s share count to 507,975,129 ordinary shares in issue (excluding treasury shares) and leave 21,451,599 shares held in treasury, thereby adjusting the total voting rights and providing an updated denominator for shareholders and other market participants monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 209,783 Shares After Latest Buyback Tranche
Positive
Jan 29, 2026

London Stock Exchange Group has repurchased 209,783 of its ordinary shares on 28 January 2026 from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,295.63p per share. All purchased shares will be cancelled, reducing the number of ordinary shares in issue to 507,975,129 (excluding treasury shares) and leaving 21,451,599 shares held in treasury, thereby consolidating earnings per share and slightly increasing each remaining shareholder’s voting stake, while setting a new denominator for regulatory disclosure of shareholdings under FCA transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 198,171 Shares After Latest Buyback Transaction
Neutral
Jan 28, 2026

London Stock Exchange Group has repurchased 198,171 of its ordinary shares on 27 January 2026 as part of its previously announced share buyback programme, paying an average price of 8,525.76p per share, with transactions executed by Citigroup Global Markets on both the London Stock Exchange and Turquoise venues. The group intends to cancel all of the repurchased shares, leaving 508,184,912 ordinary shares in issue and 21,451,599 shares held in treasury, a move that marginally reduces the company’s share capital and sets a new total voting rights figure for investors to use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 167,800 Shares Under Ongoing Buyback Programme
Neutral
Jan 27, 2026

London Stock Exchange Group has repurchased 167,800 of its ordinary shares on 26 January 2026 via Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,690.37p per share, with prices ranging between 8,620.00p and 8,828.00p. All repurchased shares will be cancelled, leaving LSEG with 508,383,083 shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, a structure that defines the company’s total voting rights and provides clarity for shareholders and other market participants in meeting their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After £14.6m Buyback Tranche
Neutral
Jan 26, 2026

London Stock Exchange Group has continued its ongoing share buyback programme, repurchasing 167,837 ordinary shares on 23 January 2026 through Citigroup Global Markets at an average price of 8,719.95p per share. All of the repurchased shares will be cancelled, leaving 508,550,883 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, thereby reducing the free float and setting the new total voting rights figure for regulatory disclosure purposes under FCA transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Newly Repurchased Shares Under Ongoing Buyback Programme
Neutral
Jan 23, 2026

London Stock Exchange Group plc has continued execution of its previously announced share buyback programme, repurchasing 114,040 ordinary shares on 22 January 2026 via Citigroup Global Markets at an average price of 8,769.15p per share. The company intends to cancel all the repurchased shares, leaving 508,718,720 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, thereby slightly reducing its share capital and confirming the new total voting rights figure for investors and other stakeholders subject to UK disclosure and transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
London Stock Exchange Group Cancels 113,529 Shares in Ongoing Buyback
Positive
Jan 22, 2026

London Stock Exchange Group has repurchased 113,529 of its ordinary shares on the London Stock Exchange from Citigroup Global Markets as part of its ongoing share buyback programme announced in November 2025, paying an average price of 8,809.20p per share and planning to cancel all of the shares acquired. Following this latest tranche and the cancellation of the repurchased stock, LSEG will have 508,832,760 ordinary shares in issue (excluding 21,451,599 held in treasury), setting the company’s total voting rights at that level and providing shareholders with an updated denominator for regulatory disclosure obligations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After Latest Buyback Purchase
Neutral
Jan 21, 2026

London Stock Exchange Group has repurchased 112,592 of its ordinary shares on 20 January 2026 from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,966.62p per share and intending to cancel all of the shares acquired. Following this latest transaction and the cancellation of the repurchased stock, LSEG’s issued share capital (excluding treasury shares) stands at 508,946,289 ordinary shares, with 21,451,599 shares held in treasury, setting the new total voting rights figure used by shareholders and other market participants for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
LSEG Cancels 110,000 Shares in Ongoing Buyback Programme
Positive
Jan 20, 2026

London Stock Exchange Group has repurchased 110,386 of its ordinary shares on 19 January 2026, at an average price of 9,149.65p per share, as part of its ongoing share buyback programme run through Citigroup Global Markets. All the acquired shares will be cancelled, reducing the number of shares in issue to 509,058,881 (excluding treasury shares) and setting the company’s total voting rights at that figure, a move that marginally enhances earnings per share and may signal continued confidence in the group’s financial position to investors.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £145.50 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 108,969 Shares Under Ongoing Buyback Programme
Neutral
Jan 19, 2026

London Stock Exchange Group has repurchased 108,969 of its ordinary shares on 16 January 2026 from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 9,176.98 pence per share. All repurchased shares will be cancelled, leaving 509,169,267 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, a change that slightly reduces the company’s share count and sets the new total voting rights figure that shareholders must use for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £115.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Cancels 110,373 Shares Following Latest Buyback Transaction
Neutral
Jan 16, 2026

London Stock Exchange Group has repurchased 110,373 of its ordinary shares on 15 January 2026 through Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 9,060.20 pence per share, with a range between 8,968.00 pence and 9,112.00 pence. The company intends to cancel the repurchased shares, leaving 509,278,236 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, thereby confirming the new total voting rights figure for shareholders’ disclosure calculations under UK transparency rules and signalling continued capital management aimed at optimising its share structure.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13400.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Cancels Newly Repurchased Shares Under Ongoing Buyback Programme
Positive
Jan 15, 2026

London Stock Exchange Group has continued execution of its previously announced share buyback programme, purchasing 111,092 ordinary shares on 14 January 2026 via Citigroup Global Markets at an average price of 9,001.67p per share, with prices ranging between 8,924.00p and 9,066.00p. The group intends to cancel all shares repurchased, leaving 509,388,609 ordinary shares in issue and 21,451,599 held in treasury, a move that marginally reduces share capital, clarifies the total voting rights denominator for regulatory disclosure purposes, and may enhance capital return and earnings per share for existing shareholders.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13400.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackFinancial DisclosuresRegulatory Filings and Compliance
London Stock Exchange Group Cancels Further Shares Under Ongoing Buyback Programme
Positive
Jan 14, 2026

London Stock Exchange Group has continued executing its previously announced share buyback programme, repurchasing 110,290 ordinary shares on 13 January 2026 through Citigroup Global Markets at an average price of 9,067.57p per share. All of the repurchased shares will be cancelled, reducing the number of shares in issue (excluding treasury shares) to 509,499,701 and leaving 21,451,599 shares held in treasury, a move that marginally increases the company’s earnings per share and adjusts its total voting rights denominator for investors and other stakeholders subject to UK disclosure and transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13400.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After Latest Buyback Transaction
Neutral
Jan 14, 2026

London Stock Exchange Group has continued its previously announced share buyback programme, repurchasing 110,290 ordinary shares on 13 January 2026 via Citigroup Global Markets at an average price of 9,067.57p per share. The company intends to cancel all of these shares, reducing the number of ordinary shares in issue (excluding treasury) to 509,499,701 and maintaining 21,451,599 shares in treasury, thereby confirming the new total voting rights figure for shareholders to use in regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13400.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After Buyback, Updates Voting Rights Total
Neutral
Jan 13, 2026

London Stock Exchange Group plc has repurchased 111,189 of its ordinary shares on 12 January 2026 through Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,993.78 pence per share and intending to cancel all of the acquired shares. Following this latest tranche of buybacks and subsequent cancellation, LSEG will have 509,609,991 ordinary shares in issue (excluding treasury shares) and will hold 21,451,599 shares in treasury, clarifying that this updated total of voting rights should be used by shareholders for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13400.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After Latest Buyback Tranche
Positive
Jan 12, 2026

London Stock Exchange Group has continued executing its previously announced share buyback programme, repurchasing 115,479 ordinary shares on 9 January 2026 through Citigroup Global Markets at an average price of 8,888.81p per share. The company intends to cancel all repurchased shares, reducing its share count to 509,721,180 ordinary shares in issue (excluding treasury shares) and maintaining 21,451,599 shares in treasury, thereby slightly enhancing earnings per share and adjusting total voting rights to 509,721,180, information that is relevant for investors monitoring ownership thresholds under UK disclosure rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 112,659 Shares Following Latest Buyback Tranche
Neutral
Jan 9, 2026

London Stock Exchange Group has continued its previously announced share buyback programme with the repurchase of 112,659 ordinary shares on 8 January 2026 via Citigroup Global Markets, at an average price of 8,876.35 pence per share, with all repurchased shares to be cancelled. Following this latest buyback and cancellation, LSEG will have 509,836,659 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, setting the new total voting rights figure for shareholders’ transparency and disclosure calculations under UK regulatory rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 117,644 Shares in Ongoing Buyback Programme
Positive
Jan 8, 2026

London Stock Exchange Group has continued executing its previously announced share buyback programme, repurchasing 117,644 ordinary shares on 7 January 2026 through Citigroup Global Markets at an average price of 8,941.89p per share, with prices ranging between 8,830.00p and 9,106.00p. All repurchased shares will be cancelled, leaving 509,949,318 ordinary shares in issue and 21,451,599 shares held in treasury, a move that reduces the company’s free float and is likely to enhance earnings per share while providing updated total voting rights for investors required to report holdings under UK disclosure rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 114,000 Shares in Ongoing Buyback, Sets New Voting Rights Total
Positive
Jan 7, 2026

London Stock Exchange Group has continued its previously announced share buyback programme with the repurchase of 114,000 ordinary shares on 6 January 2026 from Citigroup Global Markets at an average price of 9,095.78p per share. The company intends to cancel all of the shares bought back, leaving 510,066,962 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, and confirming total voting rights of 510,066,962 for regulatory disclosure purposes, a move that marginally enhances earnings per share while clarifying the denominator for investors’ reporting obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Cancels New Tranche of Shares Under Ongoing Buyback Programme
Neutral
Jan 6, 2026

London Stock Exchange Group has continued its previously announced share buyback programme, repurchasing 112,769 ordinary shares on 5 January 2026 via Citigroup Global Markets on the London Stock Exchange at an average price of 8,885.77p, with prices ranging between 8,702.00p and 9,080.00p per share. All of the repurchased shares will be cancelled, reducing the number of shares in issue (excluding treasury) to 510,180,962 and leaving 21,451,599 shares held in treasury, which in turn sets the updated total voting rights figure for shareholders to use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 114,344 Shares Following Latest Buyback Transaction
Neutral
Jan 5, 2026

London Stock Exchange Group has repurchased 114,344 of its ordinary shares on 2 January 2026 from Citigroup Global Markets as part of its ongoing share buyback programme, at an average price of 8,916.77p per share, with prices ranging between 8,818.00p and 9,010.00p. The group will cancel all of these shares, leaving 510,293,731 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, thereby setting the new total voting rights at 510,293,731 for shareholders’ regulatory disclosure calculations under FCA transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Regulatory Filings and Compliance
London Stock Exchange Group Confirms Total Voting Rights at Year-End 2025
Neutral
Jan 2, 2026

London Stock Exchange Group has reported that, as of the close of business on 31 December 2025, its share capital comprised 531,859,674 ordinary shares, of which 510,408,075 are in issue excluding treasury shares and 21,451,599 are held in treasury. This leaves a total of 510,408,075 voting rights in LSEG, a key reference figure for investors and institutions when calculating regulatory disclosure thresholds under the FCA’s transparency rules and monitoring changes in significant shareholdings.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Buys Back and Cancels 35,000 Shares, Updates Voting Rights
Neutral
Jan 2, 2026

LSEG has continued its ongoing share buyback programme by repurchasing 35,000 ordinary shares on 31 December 2025 from Citigroup Global Markets Limited at an average price of 8,960.04p per share on the London Stock Exchange. The company intends to cancel these shares, leaving 510,408,075 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, which sets the new total voting rights figure for shareholders to use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 59,000 Shares After Latest Buyback Tranche
Neutral
Dec 31, 2025

LSEG has repurchased 59,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme, paying an average price of 8,943.36p per share, with prices ranging between 8,874.00p and 8,982.00p. The company intends to cancel all of the repurchased shares, leaving 510,443,075 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, and has confirmed that this updated share capital figure should be used by shareholders and other investors when calculating their voting rights and any disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 60,000 Shares in Ongoing Buyback, Updates Voting Rights
Neutral
Dec 30, 2025

London Stock Exchange Group has executed a further tranche of its ongoing share buyback programme, repurchasing 60,000 ordinary shares on 29 December 2025 via Citigroup Global Markets at an average price of 8,923.43 pence per share. All repurchased shares will be cancelled, leaving 510,502,075 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, clarifying the new total voting rights figure for shareholders and other market participants under UK disclosure and transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 60,000 Shares Following Latest Buyback Transaction
Neutral
Dec 30, 2025

London Stock Exchange Group has repurchased 60,000 of its ordinary shares on 29 December 2025 through Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,923.43p per share. All of the repurchased shares will be cancelled, leaving 510,502,075 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, which sets the updated total voting rights figure that shareholders and other market participants must use for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
London Stock Exchange Group Cancels 35,000 Shares in Ongoing Buyback
Neutral
Dec 29, 2025

London Stock Exchange Group has continued its previously announced share buyback programme with the repurchase of 35,000 ordinary shares on 24 December 2025 through Citigroup Global Markets on the London Stock Exchange, at an average price of 8,901.46p per share. All of the repurchased shares are to be cancelled, leaving 510,562,075 ordinary shares in issue and 21,451,599 held in treasury, a change that slightly reduces the company’s share count and confirms the new total voting rights figure for investors monitoring their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Buys Back and Cancels 56,183 Shares, Updates Voting Rights
Neutral
Dec 24, 2025

London Stock Exchange Group has repurchased 56,183 of its ordinary shares on 23 December 2025 from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,899.82 pence per share. The company intends to cancel all of these shares, leaving 510,597,075 ordinary shares in issue (excluding treasury shares) and 21,451,599 shares held in treasury, which sets the updated total voting rights for shareholders to use in calculating disclosure thresholds under UK regulatory rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels Further Shares After £8,860‑a‑Share Buyback
Positive
Dec 23, 2025

London Stock Exchange Group has continued executing its previously announced share buyback programme, repurchasing 56,433 ordinary shares on 22 December 2025 through Citigroup Global Markets at an average price of 8,860.24p per share. The group intends to cancel all of these shares, reducing the number of ordinary shares in issue (excluding treasury shares) to 510,653,258 and leaving 21,451,599 shares held in treasury, a move that marginally increases earnings per share and clarifies the company’s total voting rights for investors and other stakeholders under UK disclosure and transparency rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Cancels 112,852 Shares After Latest Buyback Tranche
Positive
Dec 22, 2025

London Stock Exchange Group has repurchased 112,852 of its ordinary shares on 19 December 2025 from Citigroup Global Markets as part of its ongoing share buyback programme, paying an average price of 8,861.22p per share. All of the repurchased shares will be cancelled, leaving 510,709,691 ordinary shares in issue (excluding treasury shares) and 24,051,599 shares held in treasury, a move that reduces the company’s free float and is likely to enhance earnings per share while updating the total voting rights figure used by investors for regulatory disclosure calculations.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Cancels 112,403 Shares After Latest Buyback Transaction
Positive
Dec 19, 2025

London Stock Exchange Group has repurchased 112,403 of its ordinary shares on 18 December 2025 through Citigroup Global Markets as part of its ongoing share buyback programme. The shares were bought at prices between 8,780p and 8,982p, at an average of 8,896.62p per share, and will be cancelled, reducing the number of shares in issue (excluding treasury) to 510,822,543 while maintaining 24,051,599 shares in treasury. The updated total voting rights figure of 510,822,543 will be used by shareholders and other stakeholders in calculating disclosure obligations under UK transparency rules, underscoring LSEG’s continued capital management efforts and potentially enhancing earnings per share and shareholder value.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Completes Share Repurchase as Part of Strategic Buyback Program
Positive
Dec 18, 2025

London Stock Exchange Group plc (LSEG) has announced the repurchase of 113,569 ordinary shares as part of its ongoing share buyback program, with plans to cancel these shares. The move aims to optimize the company’s capital structure and follows previous announcements on the program, potentially enhancing shareholder value and impacting total voting rights for stakeholders.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback to Optimize Capital Structure
Positive
Dec 17, 2025

London Stock Exchange Group plc has executed a share buyback program, purchasing 154,560 of its ordinary shares from Citigroup Global Markets Limited. The shares were bought at an average price of 8,637.00 pence each and will be canceled, reducing the total number of shares in issue to 511,048,515. This move is part of LSEG’s strategy to manage its capital structure and enhance shareholder value, potentially impacting the company’s market positioning and investor relations.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback to Optimize Capital Structure
Positive
Dec 16, 2025

LSEG has executed a share buyback program, purchasing 157,143 of its ordinary shares from Citigroup Global Markets Limited at an average price of 8,571.00 pence per share. The company plans to cancel these shares, resulting in a total of 511,203,075 voting rights. This move is part of LSEG’s broader strategy to manage its capital structure and enhance shareholder value.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Private Placements and FinancingRegulatory Filings and Compliance
London Stock Exchange Group Updates £10 Billion Note Programme
Neutral
Dec 15, 2025

London Stock Exchange Group PLC has announced the publication of a supplement to its Offering Circular for its £10 billion Euro Medium Term Note Programme. This supplement, approved by the Financial Conduct Authority, updates the Offering Circular initially dated 28 March 2025, with previous supplements in August and October 2025. This development is significant for stakeholders as it reflects the company’s ongoing efforts to maintain transparency and regulatory compliance, potentially impacting its financial strategies and market positioning.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Completes Share Buyback to Enhance Shareholder Value
Positive
Dec 15, 2025

London Stock Exchange Group plc has executed a share buyback, purchasing 200,000 of its ordinary shares from Citigroup Global Markets Limited. The transaction, part of a previously announced buyback program, saw shares bought at an average price of 8,503.29 pence. The repurchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares. This move is likely to impact the company’s market positioning by enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback, Cancels 200,000 Shares
Neutral
Dec 15, 2025

LSEG announced the repurchase of 200,000 ordinary shares from Citigroup Global Markets Limited as part of its share buyback program. The shares were bought at an average price of 8,503.29 pence and will be canceled, adjusting the total voting rights in the company to 511,360,218. This move is part of LSEG’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder relations.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Executes Share Buyback, Cancels 274,419 Shares
Neutral
Dec 12, 2025

LSEG has executed a share buyback program, purchasing 274,419 of its ordinary shares from Citigroup Global Markets Limited. The shares were bought at prices ranging from 8,286.00p to 8,462.00p, with an average price of 8,366.59p, and will be cancelled. This action reduces the total number of shares in issue to 511,560,218, affecting the voting rights and potentially impacting shareholder value.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
LSEG Completes Share Buyback to Optimize Capital Structure
Positive
Dec 11, 2025

London Stock Exchange Group PLC has executed a share buyback program, purchasing 318,000 of its ordinary shares from Citigroup Global Markets Limited. The shares were bought at an average price of 8,438.24 pence and will be canceled, reducing the total number of shares in issue. This move is part of LSEG’s strategy to manage its capital structure effectively and potentially enhance shareholder value. The total voting rights in the company will now be 511,834,637, which is a critical figure for shareholders and stakeholders to note for regulatory compliance and transparency purposes.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback to Optimize Capital Structure
Positive
Dec 10, 2025

London Stock Exchange Group plc (LSEG) has executed a share buyback transaction, purchasing 286,300 of its ordinary shares from Citigroup Global Markets Limited as part of its ongoing buyback program. The shares were bought at an average price of 8,521.95 pence and will be cancelled, reducing the total number of shares in issue to 512,152,637. This move is part of LSEG’s strategy to manage its capital structure and enhance shareholder value, potentially impacting the voting rights and shareholding structure for stakeholders.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback to Optimize Capital Structure
Positive
Dec 9, 2025

LSEG has executed a share buyback program, purchasing 288,000 of its ordinary shares from Citigroup Global Markets Limited on the London Stock Exchange. The shares were bought at prices ranging from 8,428.00p to 8,658.00p, with an average price of 8,538.95p. Following the cancellation of these shares, the total voting rights in the company will be adjusted to 512,438,937. This move is part of LSEG’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £131.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Executes Share Buyback Program
Positive
Dec 8, 2025

London Stock Exchange Group plc has executed a share buyback program, purchasing 194,084 of its ordinary shares from Citigroup Global Markets Limited. The shares were bought at an average price of 8,675.32 pence each and will be canceled, reducing the total number of shares in circulation and potentially increasing shareholder value. Following the cancellation, LSEG’s total voting rights will be adjusted to 512,726,937, which stakeholders can use for determining notification obligations under regulatory guidelines.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £9517.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Executive/Board Changes
London Stock Exchange Director Joins Macquarie Group Board
Neutral
Dec 5, 2025

London Stock Exchange Group plc announced that William Vereker, a Non-Executive Director, will join the Board of Macquarie Group Limited as a Non-Executive Director starting February 1, 2026. This move is in compliance with the UK Listing Rules and may enhance the company’s strategic connections and influence within the financial sector.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13790.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock Buyback
LSEG Executes Share Buyback, Cancelling 175,000 Shares
Neutral
Dec 5, 2025

London Stock Exchange Group PLC has repurchased 175,000 of its ordinary shares as part of a share buyback program, with the intention to cancel these shares. This move reduces the total number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder voting rights, as the total voting rights now stand at 512,921,021.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13790.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
LSEG Announces Board Changes Amidst Strategic Transformation
Neutral
Dec 4, 2025

London Stock Exchange Group plc announced significant changes in its board of directors, with Dominic Blakemore stepping down as Non-Executive Director and Chair of the Audit Committee after the Annual General Meeting in April 2026. Lloyd Pitchford is set to succeed him as Chair of the Audit Committee. Additionally, Martin Brand will also step down from the board. These changes come during a period of rapid transformation for the group, highlighting a shift in leadership that may impact the company’s strategic direction and governance.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13790.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyStock Buyback
LSEG Executes Share Buyback to Optimize Capital Structure
Positive
Dec 4, 2025

London Stock Exchange Group plc has executed a share buyback program, purchasing 160,620 of its ordinary shares from Citigroup Global Markets Limited. The shares were bought at an average price of 8,782.84 pence and will be canceled, reducing the total number of shares in issue to 513,096,021. This move is part of LSEG’s strategy to manage its capital structure and enhance shareholder value.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13790.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
LSEG Partners with OpenAI to Enhance Financial Data Access via ChatGPT
Positive
Dec 3, 2025

LSEG has announced a new collaboration with OpenAI to integrate its financial data and analytics into ChatGPT through a Model Context Protocol connector. This initiative will allow ChatGPT users and enterprise customers to access LSEG’s licensed data for deeper market analysis and insights. As part of this collaboration, 4,000 LSEG employees will gain access to ChatGPT Enterprise to improve productivity and streamline tasks. This partnership is a significant step in LSEG’s AI strategy, ‘LSEG Everywhere,’ aimed at scaling AI in financial services and enhancing decision-making in global finance.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £133.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
LSEG Executes Share Buyback, Adjusts Voting Rights
Neutral
Dec 3, 2025

LSEG has executed a share buyback program, purchasing 162,171 of its ordinary shares from Citigroup Global Markets Limited at an average price of 8,787.65 pence per share. Following the cancellation of these shares, LSEG’s total voting rights will be adjusted to 513,256,641, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:LSEG) stock is a Buy with a £133.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 03, 2026