RELX (NYSE: RELX) starts £100m buyback under £2.25bn 2026 plan
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
RELX PLC will repurchase up to £100 million of its ordinary shares in an irrevocable, non-discretionary programme running from 1 July 2026 to 21 July 2026. This follows completion of a £200 million non-discretionary buyback on 26 June 2026 and forms part of £2.25 billion of share buybacks planned for 2026.
The programme’s purpose is to reduce the Company’s capital, with repurchased shares intended to be held in treasury. It will operate within shareholder authority granted at the 23 April 2026 AGM, which currently permits repurchase of no more than 154.9 million ordinary shares. Trading will be executed independently by ABN AMRO Bank N.V. under irrevocable instructions and in accordance with UK and EU Market Abuse Regulations and Listing Rules.
Positive
- None.
Negative
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Key Figures
New buyback tranche: £100 million
Completed programme: £200 million
2026 buyback plan: £2.25 billion
+3 more
6 metrics
New buyback tranche
£100 million
Non-discretionary programme from 1 July 2026 to 21 July 2026
Completed programme
£200 million
Non-discretionary buyback completed on 26 June 2026
2026 buyback plan
£2.25 billion
Total to be deployed on share buybacks in 2026
Repurchase authority limit
154.9 million shares
Maximum ordinary shares permitted under AGM authority as of 23 April 2026
Programme window start
1 July 2026
Start date of non-discretionary buyback period
Programme window end
21 July 2026
End date of non-discretionary buyback period
Key Terms
non-discretionary programme, Market Abuse Regulations, treasury, Listing Rules, +1 more
5 terms
non-discretionary programme financial
"it will implement an irrevocable, non-discretionary programme to repurchase its ordinary shares"
Market Abuse Regulations regulatory
"announces in compliance with the UK and EU Market Abuse Regulations that it will implement"
A set of laws and rules designed to stop cheating and unfair tactics in financial markets, such as trading on secret information or manipulating prices. For investors, these regulations matter because they protect fair prices and confidence—like traffic laws that keep drivers honest so everyone can rely on the road—reducing the risk that market moves are driven by hidden or dishonest behavior rather than genuine supply and demand.
treasury financial
"The purpose of the Programme is to reduce the capital of the Company and it intends that shares purchased will be held in treasury."
The treasury is the department or area within a government or organization responsible for managing its money, finances, and financial strategies. It handles tasks like collecting revenue, paying bills, and planning for future financial needs, much like a household manages its budget. For investors, understanding the treasury is important because it influences interest rates, government spending, and overall economic stability.
Listing Rules regulatory
"Any share purchases effected by the Company will be in accordance with the UK and EU Market Abuse Regulations and Chapter 9 of the Listing Rules."
Listing rules are the set of requirements a stock exchange and regulators impose on companies to join and stay on the exchange, covering things like financial reporting, disclosures, governance and minimum size. They matter to investors because those rules create a basic level of transparency and behavior—think of them as marketplace rules that make it easier to compare sellers, reduce surprises, and protect liquidity and value; breaking the rules can lead to fines, trading suspensions or delisting.
irrevocable instructions financial
"it has issued irrevocable instructions to ABN AMRO to manage the Programme."
FAQ
How does the new RELX (RELX) buyback relate to prior 2026 repurchases?
The £100 million programme follows a £200 million non-discretionary buyback completed on 26 June 2026. Both are components of the Company’s previously announced plan to deploy £2.25 billion on share buybacks during 2026.
What is the purpose of RELX (RELX) implementing this buyback programme?
The purpose of the programme is to reduce the capital of RELX PLC. Shares repurchased under the programme are intended to be held in treasury, rather than being cancelled immediately, giving the company flexibility over their future use.