LONDON, July 3, 2026, 14:04 BST
- RELX PLC (LON:REL) traded down 0.94% at 2,330.93p as of 14:01 BST, behind the FTSE 100, which was off 0.20%.
- The company’s ongoing £100 million July buyback would pick up around 4.29 million shares at Friday’s price, which is about 0.24% of the voting rights right now.
- RELX reports half-year results July 23. The company said back in April that each of its four businesses started 2026 in good shape.
RELX PLC (LON:REL) fell Friday. The data and analytics group started its July buyback this week but still traded close to 12-month lows, ahead of first-half results due later this month.
RELX shares fell 0.94% to 2,330.93p as of 14:01 BST. The FTSE 100 slipped 0.20% with Reuters market data running behind. RELX moved between 2,323p and 2,380p. Volume hit 922,350 shares, well under its typical 5.13 million.
| Market snapshot | RELX | FTSE 100 / read-through |
|---|---|---|
| Intraday move | Shares fell 0.94% | Index slipped 0.20% |
| Latest price | Last at 2,330.93p | 10,631.84 |
| Day range | Traded between 2,323p and 2,380p | — |
| Volume vs average | Volume was 0.92 mln, well below 5.13 mln typical | Roughly 18% of average trading |
The main detail is the share count. RELX plans to buy back £100 million worth of shares from July 1 to July 21, following a £200 million repurchase that ended June 26. Both efforts are part of its £2.25 billion buyback target for 2026. ABN AMRO Bank N.V. AMS:ABN will handle the July round.
At Friday’s close, the July tranche would be enough to pick up about 4.29 million shares. That breaks down to close to 286,000 shares each session if spread across the July period, or 5.6% of the average daily volume. At the same price, the full-year £2.25 billion program would buy around 96.5 million shares, making up about 5.5% of current voting rights.
| Buyback math at 2,330.93p | Implied shares | Share-count effect |
|---|---|---|
| July £100 mln chunk | 4.29 mln | 0.24% of current voting rights |
| Per July session, split evenly | 0.29 mln | 5.6% of average daily volume |
| 2026 £2.25 bln buyback | 96.53 mln | 5.5% of current voting rights |
| Bought from Jan. 2 to Jun. 26 | 69.19 mln | 3.94% of current voting rights |
That’s important since the lower share price gives the buyback more punch. According to Google Finance, the stock is trading at about 42% under its 52-week high of 4,030p, and 17% above the 52-week low of 1,991p as of Friday.
RELX in its latest own-share update said it repurchased 3,006,192 shares across June 22 to June 26 via ABN AMRO. The daily volume-weighted average price ranged from 2,326.1085p to 2,366.2929p. Once settled, RELX had 73,295,338 shares in treasury. Since Jan. 2, the company has bought 69,187,466 shares.
RELX said in a July 1 voting-rights filing that it had 1,828,471,801 ordinary shares in issue as of June 30, with 73,295,338 of those held in treasury. That left a total of 1,755,176,463 voting rights.
Investors are still holding back until RELX shows more proof its AI-driven legal, risk and science products can keep up the growth. In April, the company said Legal revenue was still going up on strong demand for analytics and tools, with Lexis+ with Protégé posting double-digit gains in law firms and corporate legal. RELX also said its Risk, Scientific, Technical & Medical, and Exhibitions units had solid underlying growth.
RELX CFO Nick Luff told Reuters in February the company’s strength is its data and content, saying RELX is “applying our algorithms, proprietary algorithms” to deliver judgments and interpretations for professionals. At that time, Reuters said RELX had launched or announced 13 generative-AI offerings, such as Lexis+ and Protégé. Reuters
RELX will report results for the six months ended June 30 on July 23. The buyback window stays open through July 21, closing two days ahead of the announcement.
