RELX PLC Buyback Gains Pace as AI Worries Shadow April Trading Update
RELX PLC ramped up its new buyback, snapping up 3.43 million shares from March 23 to March 27 as part of the £350 million scheme announced last week. Those shares are headed for the company’s treasury instead of immediate cancellation. This marks the first weekly disclosure since RELX shifted to a broker-led, non-discretionary buyback plan—J.P. Morgan is handling trades, but only within fixed parameters, with no daily involvement from the company itself. RELX rolled out this tranche right after wrapping up a £450 million buyback on March 20. The latest program slots into the company’s wider £2.25 billion repurchase push, which runs through 2026.