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London Stock Exchange Group Initiates £500 Million Share Buyback Programme

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London Stock Exchange Group Initiates £500 Million Share Buyback Programme

An update from London Stock Exchange ( (GB:LSEG) ) is now available.

London Stock Exchange Group plc has announced the commencement of a share buyback programme, with plans to repurchase ordinary shares worth up to £500 million. The programme, facilitated by an agreement with Morgan Stanley, aims to reduce the company’s share capital and will be conducted on the London Stock Exchange and Turquoise Equities Trading, adhering to regulatory standards.

More about London Stock Exchange

London Stock Exchange Group plc operates in the financial services industry, providing a range of services including trading, clearing, and information services. It is a key player in the global financial market, facilitating the buying and selling of securities and offering a platform for capital raising.

YTD Price Performance: 4.96%

Average Trading Volume: 1,025,095

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £62.81B

For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.

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