REG-RELX PLC Announcement of Non-Discretionary Share Buyback Programme

RelxAnnouncement

28/07/2022 11:00

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Announcement of Non-Discretionary Share Buyback Programme

 

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 up to the value of £150 million
in total between 28 July 2022 and 7 December 2022 (the "Programme"). This
follows the successful completion of a £200 million non-discretionary
programme on 25 July 2022. Both programmes are part of the £500 million to be
deployed on share buybacks in 2022, as announced on 10 February 2022. Since
that date, the Company has purchased 15.2 million shares at a total cost of
£350 million.

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 21 April 2022 which, taking into account shares purchased
subsequent to this meeting, permits the Company to purchase no more than 189.7
million ordinary shares. Any share purchases effected by the Company will be
in accordance with the UK and EU Market Abuse Regulations and Chapter 12 of
the Listing Rules.

-ENDS-

Enquiries

Colin Tennant (Investors)

Tel : +44 (0)20 7166 5751

Paul Abrahams (Media)

Tel : +44 (0)20 7166 5724

 



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