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REL Relx Plc

3,548.00
8.00 (0.23%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Relx Plc LSE:REL London Ordinary Share GB00B2B0DG97 ORD 14 51/116P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.00 0.23% 3,548.00 3,551.00 3,552.00 3,559.00 3,511.00 3,521.00 1,899,855 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 9.16B 1.78B 0.9458 37.56 66.66B

RELX PLC Non-Discretionary Share Buyback Programme (1422Q)

16/02/2023 11:00am

UK Regulatory


Relx (LSE:REL)
Historical Stock Chart


From Jul 2022 to Jul 2024

Click Here for more Relx Charts.

TIDMREL

RNS Number : 1422Q

RELX PLC

16 February 2023

16 February 2023

ISSUED ON BEHALF OF RELX PLC

Announcement of Non-Discretionary Share Buyback Programme

RELX PLC (the "Company") announces in compliance with the UK and EU Market Abuse Regulations that it will implement an irrevocable, non-discretionary programme to repurchase its ordinary shares between 16 February 2023 and 19 April 2023 (the "Programme"), with a spend in this period of GBP200 million. This follows the successful completion of a GBP150 million non-discretionary programme on 13 February 2023. Both programmes are part of the GBP800 million to be deployed on share buybacks in 2023, as announced on 16 February 2023.

The purpose of the Programme is to reduce the capital of the Company and it intends that shares purchased will be held in treasury.

Any share purchases will be made by the Company within certain pre-set parameters and in accordance with the general authority of the Company to repurchase shares granted by shareholders at the Company's Annual General Meeting held on 21 April 2022 which, taking into account shares purchased subsequent to this meeting, permits the Company to purchase no more than 177.0 million ordinary shares. Any share purchases effected by the Company will be in accordance with the UK and EU Market Abuse Regulations and Chapter 12 of the Listing Rules.

The Company has entered into an agreement with J.P. Morgan Securities plc ("JPMS plc") under which it has issued irrevocable instructions to JPMS plc to manage the Programme. JPMS plc will carry out the Company's instructions through the acquisition of ordinary shares in the Company for subsequent repurchase by the Company. JPMS plc will make its trading decisions under the Programme independently of, and uninfluenced by, the Company.

-ENDS-

Enquiries

Colin Tennant (Investors)

Tel : +44 (0)20 7166 5751

Paul Abrahams (Media)

Tel : +44 (0)20 7166 5724

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END

POSEAPAKFASDEEA

(END) Dow Jones Newswires

February 16, 2023 06:00 ET (11:00 GMT)

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