RELX PLC Expands Treasury Shares with Latest Buyback
RELX PLC announced the buyback of 60,800 ordinary shares, increasing its treasury shares to 58,996,289. This is part of its strategy to manage capital structure and return value to shareholders. Analysts rate RELX stock as a Buy with a £3348.00 price target, despite bearish technical signals and overvaluation concerns. RELX's strong financial performance supports a moderate stock score.
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An announcement from RELX plc ( (GB:REL) ) is now available.
RELX PLC, a global provider of information-based analytics and decision tools, announced the purchase of 60,800 of its own ordinary shares through JP Morgan Securities plc on the London Stock Exchange. These shares will be held as treasury shares, increasing the total number of treasury shares held by RELX to 58,996,289. This move is part of RELX’s ongoing strategy to manage its capital structure and return value to shareholders, as evidenced by the purchase of over 39 million shares since the beginning of 2025.
The most recent analyst rating on (GB:REL) stock is a Buy with a £3348.00 price target. To see the full list of analyst forecasts on RELX plc stock, see the GB:REL Stock Forecast page.
Spark’s Take on GB:REL Stock
According to Spark, TipRanks’ AI Analyst, GB:REL is a Outperform.
RELX plc’s overall stock score is driven by its strong financial performance and positive earnings call sentiment, which highlight robust growth and strategic initiatives. However, technical analysis indicates bearish momentum, and the valuation suggests the stock may be overvalued. These factors balance the strong operational performance, resulting in a moderate overall score.
To see Spark’s full report on GB:REL stock, click here.
More about RELX plc
Average Trading Volume: 4,346,081
Technical Sentiment Signal: Hold
Current Market Cap: £55.65B
For a thorough assessment of REL stock, go to TipRanks’ Stock Analysis page.
