Relx PLC (ADR) (RELX) has released an update.
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Relx PLC has announced a new share buyback program set to run from April 25 to July 22, 2024, with £350 million allocated for repurchasing shares. This move is a continuation of the company’s aggressive capital return strategy, following a £250 million buyback completed just before this announcement, and is part of a larger £1 billion share buyback commitment for 2024. Shares bought under this program, which was approved at the annual general meeting, will be held in treasury, with UBS AG London Branch managing the buyback independently.
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