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RELX plc ( (GB:REL) ) has provided an announcement.
RELX PLC has announced the purchase of 136,934 of its own ordinary shares through UBS AG London Branch, intended to be held as treasury shares. This transaction is part of a series of share buybacks by the company since the beginning of the year, totaling 2,326,494 shares. Such actions can be indicative of RELX’s strategy to manage its capital effectively, potentially impacting shareholder value and market perception positively.
More about RELX plc
RELX PLC operates in the information and analytics industry, providing data-driven solutions and services. The company is focused on serving professional and business customers across various sectors, including scientific, technical, medical, legal, and business domains.
YTD Price Performance: 5.05%
Average Trading Volume: 4,345
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $91.34B
For detailed information about REL stock, go to TipRanks’ Stock Analysis page.