Business & Finance
Relx Plans to Buy Back Up to £100 Million in Shares Next Month
Key Points
Relx Plans to Buy Back Up to £100 Million in Shares Next Month Relx Plc plans to repurchase shares valued at as much as £100 million ($132.1 million) next month, as the British information and analytics company continues to grapple with concerns that artificial intelligence tools will displace its core research products. The repurchase will take place between July 1 and July 21, and is part of the company’s £2.25 billion buyback program this year, the company said in a statement on Monday....
Relx Plans to Buy Back Up to £100 Million in Shares Next Month
Relx Plc plans to repurchase shares valued at as much as £100 million ($132.1 million) next month, as the British information and analytics company continues to grapple with concerns that artificial intelligence tools will displace its core research products.
The repurchase will take place between July 1 and July 21, and is part of the company’s £2.25 billion buyback program this year, the company said in a statement on Monday. It’s set to follow £200 million in share repurchases in June.