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The latest update is out from RELX plc ( (GB:REL) ).
RELX PLC has announced the purchase of 146,816 of its own ordinary shares through UBS AG London Branch, which will be held as treasury shares. This transaction is part of their ongoing share buyback program, indicating a strategic move to potentially enhance shareholder value and optimize capital structure. As of January 2, 2025, the company has repurchased a total of 1,341,718 ordinary shares, reflecting its commitment to returning capital to shareholders.
More about RELX plc
RELX PLC operates in the information and analytics industry, providing decision-making tools and data services to professionals across sectors like science, technology, medical, legal, and business. The company focuses on offering digital tools that enhance productivity and outcomes for their clients.
YTD Price Performance: 0.66%
Average Trading Volume: 4,192
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $86.33B
For detailed information about REL stock, go to TipRanks’ Stock Analysis page.
