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RELX PLC Acquires Additional Treasury Shares

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RELX PLC Acquires Additional Treasury Shares

The latest announcement is out from RELX plc ( (GB:REL) ).

RELX PLC announced the purchase of 257,731 of its own ordinary shares through UBS AG London Branch, which will be held as treasury shares. This transaction is part of a broader strategy, as the company has acquired a total of 9,688,170 shares since the beginning of the year, potentially indicating a focus on consolidating ownership and enhancing shareholder value.

More about RELX plc

RELX PLC operates in the information and analytics industry, providing data-driven insights and tools across various sectors including scientific, technical, medical, and legal fields. The company focuses on delivering solutions that enhance decision-making and efficiency for professionals and businesses worldwide.

YTD Price Performance: 7.54%

Average Trading Volume: 3,617

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $90.41B

See more insights into REL stock on TipRanks’ Stock Analysis page.

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