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Announcement of Non-Discretionary Share Buyback Programme
16 June 2025
ISSUED ON BEHALF OF RELX PLC
Announcement of Non-Discretionary Share Buyback Programme
RELX PLC (the “Company”) announces in compliance with the UK and EU Market
Abuse Regulations that it will implement an irrevocable, non-discretionary
programme to repurchase its ordinary shares between 16 June 2025 and 21 July
2025 (the "Programme"), with a spend in this period of £175 million. This
follows the successful completion of a £300 million non-discretionary
programme on 13 June 2025. Both programmes are part of the £1.5 billion to be
deployed on share buybacks in 2025, as announced on 13 February 2025.
The purpose of the Programme is to reduce the capital of the Company and it
intends that shares purchased will be held in treasury.
Any share purchases will be made by the Company within certain pre-set
parameters and in accordance with the general authority of the Company to
repurchase shares granted by shareholders at the Company’s Annual General
Meeting held on 24 April 2025 which, taking into account shares purchased
subsequent to this meeting, permits the Company to purchase no more than 180.6
million ordinary shares. 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.
The Company has entered into an agreement with J.P. Morgan Securities plc
(“JPMS plc”) under which it has issued irrevocable instructions to JPMS
plc to manage the Programme. JPMS plc will carry out the Company’s
instructions through the acquisition of ordinary shares in the Company for
subsequent repurchase by the Company. JPMS plc will make its trading decisions
under the Programme independently of, and uninfluenced by, the Company.
-ENDS-
Enquiries
Colin Tennant (Investors)
Tel : +44 (0)20 7166 5751
Paul Abrahams (Media)
Tel : +44 (0)20 7166 5724
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