RELX plc (GB:REL) has released an update.
RELX PLC has announced the purchase of 73,665 of its own ordinary shares, which will be held as treasury shares, bringing the total to nearly 48 million shares in treasury. This move is part of a broader strategy since the start of 2024, during which RELX has acquired over 28 million shares. Investors may find this buyback strategy intriguing as it could influence the company’s stock value and market perceptions.
For further insights into GB:REL stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
