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REL Relx Plc

3,281.00
-24.00 (-0.73%)
25 Apr 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
  -24.00 -0.73% 3,281.00 3,276.00 3,277.00 3,301.00 3,218.00 3,280.00 7,435,238 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 9.16B 1.78B 0.9458 34.63 61.67B

RELX to Repurchase Up to GBP100 Million Worth of Shares

07/12/2017 7:59am

Dow Jones News


Relx (LSE:REL)
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By Adam Clark

 

RELX PLC (REL.LN) and RELX NV (REN.AE) said Thursday that they will repurchase a maximum of 100 million pounds ($133.7 million) worth of their respective shares in early 2018.

The two companies represent the Amsterdam and London listings of information and analytics company RELX Group.

RELX PLC said that it will purchase as many as 101 million of its own shares, while RELX NV will repurchase up to 89.4 million of its own shares, equivalent to the ratio of their interests in RELX Group as a whole.

The buyback will be carried out between Jan. 2, 2018 and Feb. 12, 2018, and the repurchased shares will be held in treasury, the companies said.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

December 07, 2017 02:44 ET (07:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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