LONDON, June 23, 2026, 11:05 BST
RELX moved up 1.9% to around 2,373 pence on Tuesday. The stock climbed while the FTSE 100 slipped about 0.4%. Price data was at least 15 minutes late.
RELX’s latest filing shows it picked up 2,936,304 shares from June 15 to June 19. It paid daily average prices between 2,372 pence and 2,485 pence. Since January 2, the company has now acquired 66.18 million shares.
RELX (LSE:REL) ended Monday down 2.06% at £23.28, lagging the FTSE 100, which gained 0.72%. The stock closed 42.23% under its 52-week top of £40.30. That buying is coming after a sharp reset in price.
RELX is buying shares as part of a £200 million non-discretionary buyback, running from June 9 through June 26, after it finished a £150 million round earlier this month. Both programmes fall under the £2.25 billion in repurchases RELX is targeting for 2026. Here, non-discretionary means broker ABN AMRO is trading to fixed instructions, not following day-to-day direction from the company. A buyback cuts the number of shares available to the public.
RELX managed to rise even as the market sank. The FTSE 100 slipped to its weakest since June 12. FTSE 250 lost 1.8%. Tech shares across Europe dropped 3.4% as traders adjusted AI-related bets and weighed the risk of higher interest rates for company budgets.
RELX kept its outlook steady in April, saying all four business areas got off to a good start this year and left its forecast for strong underlying revenue, profit, and earnings growth unchanged. Underlying growth strips out currency moves and changes in the company’s portfolio. The Legal arm posted double-digit growth in its law firm and corporate legal segments, with Lexis+ and the Protégé AI assistant as main drivers.
RELX reported 2025 revenue of £9.59 billion, a 7% increase on an underlying basis. Adjusted operating profit was up 9% to £3.34 billion. Adjusted earnings per share climbed 10% at constant currencies. CEO Erik Engstrom said AI is “enabling us to add more value to our customers.” Relx
Buybacks don’t fix the core risk. Cheaper AI tools could mean customers need fewer paid software seats, putting pressure on pricing and renewals. When Anthropic rolled out its legal and data-analysis tools, RELX dropped 14% in February, Thomson Reuters fell nearly 18%, and Wolters Kluwer slid about 13%. Schroders’ Jonathan McMullan said, “the speed of AI advancement makes long-term valuations harder to defend.” If RELX’s strong renewals slow, shares could see another valuation cut. Reuters
RELX has its next big test on July 23, when it plans to report earnings for the six months to June 30.
