RELX (NYSE: RELX) starts £350m non-discretionary 2026 buyback
Rhea-AI Filing Summary
RELX PLC plans an irrevocable, non-discretionary programme to repurchase its ordinary shares between 23 March 2026 and 22 April 2026, with planned spending of £350 million. This follows completion of a prior non-discretionary programme of £450 million on 20 March 2026 and forms part of £2.25 billion to be deployed on share buybacks in 2026.
The stated purpose is to reduce the company’s capital, with repurchased shares intended to be held in treasury. J.P. Morgan Securities plc will manage the trading independently within pre-set parameters and the authority granted by shareholders, which permits purchasing up to 136.4 million ordinary shares. Repurchases under this programme and any later buybacks are expected to be announced weekly or within seven trading days.
Positive
- Large 2026 capital return via buybacks: RELX plans to deploy £2.25 billion on share repurchases in 2026, including a new £350 million non-discretionary programme following a completed £450 million tranche, explicitly aimed at reducing share capital.
Negative
- None.
Insights
RELX commits £2.25bn 2026 buybacks, including a new £350m tranche.
RELX PLC is expanding capital returns through an irrevocable, non-discretionary share repurchase programme spending £350 million between 23 March 2026 and 22 April 2026. This follows a completed £450 million tranche and contributes to a planned £2.25 billion in 2026 buybacks.
The programme’s purpose is to reduce share capital, with repurchased shares intended for treasury. Execution is delegated to J.P. Morgan Securities plc, which will trade independently within shareholder authorities permitting up to 136.4 million shares, and in line with UK and EU market abuse and listing rules.
Repurchases under this and any subsequent programmes are expected to be reported weekly or no later than the seventh trading day after each buyback. These disclosures, tied to the programme dates and spending caps, provide visibility into the pace of execution as 2026 progresses.
FAQ
What share buyback has RELX (RELX) just announced?
How does the new £350 million RELX buyback fit into 2026 plans?
What is the purpose of RELX’s 2026 share buyback programme?
Who manages RELX’s new non-discretionary share repurchase?
What shareholder authority supports RELX’s 2026 buybacks?
How will RELX disclose repurchases under the 2026 buyback programme?
Filing Exhibits & Attachments
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