RELX (Ticker: RELX) starts £150m non-discretionary buyback within 2026 £2.25bn plan
Rhea-AI Filing Summary
RELX PLC plans an irrevocable, non-discretionary share buyback programme running from 26 May 2026 to 8 June 2026, with up to £150 million spent on repurchasing ordinary shares. This follows completion of a previous £350 million non-discretionary programme on 22 May 2026 and contributes to the £2.25 billion earmarked for buybacks in 2026.
The purpose is to reduce the company’s capital, with repurchased shares intended to be held in treasury under shareholder authority permitting up to 169.0 million ordinary shares to be bought. The company has mandated ABN AMRO Bank N.V. to manage trading decisions independently within preset parameters and in line with UK and EU Market Abuse Regulations and Listing Rules.
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Insights
RELX adds a £150m non-discretionary buyback tranche within its 2026 £2.25bn programme.
RELX is extending its 2026 capital return with an additional £150 million buyback window, after a £350 million non-discretionary tranche finished on 22 May 2026. All these buybacks sit within a larger £2.25 billion 2026 repurchase framework.
The programme is structured as irrevocable and non-discretionary, with ABN AMRO executing trades independently under preset parameters and Market Abuse Regulations. This design reduces the company’s influence over day-to-day trading and aligns with regulatory expectations for such schemes.
Repurchased shares are intended for treasury, supporting capital reduction and potentially affecting per-share metrics over time. The authority currently permits up to 169.0 million ordinary shares to be bought; the overall impact will depend on execution across the full £2.25 billion plan.