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LONDON - RELX PLC, a global provider of information-based analytics and decision tools, has announced the launch of a new £300 million share buyback programme, set to take place between today, April 24, and June 13, 2025. This move follows the completion of a previous £450 million buyback programme on April 23, 2025, and is part of a broader strategy to repurchase £1.5 billion worth of shares within the year.
The company stated that the newly initiated programme aims to reduce its capital, and shares acquired under this scheme are intended to be held in treasury. The repurchase plan aligns with the authority granted by shareholders during the Annual General Meeting held today, which allows for the buyback of up to 188.1 million ordinary shares.
RELX PLC has appointed ABN AMRO (AS:ABNd) Bank N.V. to manage the share buyback programme. ABN AMRO will operate independently from RELX PLC, making trading decisions without influence from the company, to acquire ordinary shares for repurchase by RELX PLC.
The share repurchases will be conducted within a set of predefined parameters and in compliance with UK and EU Market Abuse Regulations, as well as Chapter 9 of the Listing Rules.
This announcement is based on a press release statement issued by RELX PLC and does not include any speculation or subjective assessment of the company’s market position or future prospects. The information provided does not endorse the claims made by RELX PLC but presents them as part of the company’s official statement.
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