Newscasts - Elliott calls on LSEG for more action after record buyback

London Stock Exchange

27/02/2026 14:15

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Source: 'Reuters - Business videos'

Description: Elliott Management called for more "value enhancing" actions from London Stock Exchange Group on Friday as the investment manager went public for the first time about its shareholding in the British company. Ciara Lee reports.

Short Link: https://lseg.group/4ryYsh0

Video Transcript:

Elliott Management called for more "value-enhancing actions" from London Stock Exchange Group on Friday. That's as the investment manager went public for the first time about its shareholding in the British company. The activist investor said it held a significant stake in LSEG without disclosing its size and said LSEG's $4.05 billion share buyback, margin-improvement plans, and improved communication on its AI strategy announced on Thursday were a positive first start. Elliott has not previously spoken publicly about its LSEG holding, which was revealed earlier this month, but the move keeps up pressure on LSEG, home to the London Stock Exchange. It's lost 23% of its market value over the last year, as the data and exchanges group has been hit by concerns that AI will impact business. Other shareholders told Reuters they welcomed the buyback and saw the potential for more action. LSEG executives said the buyback was not a response to Elliott and the group had no plans for asset sales.