RELX stock recovers as buybacks look cheap; AI discount continues
RELX PLC climbed over 2% Tuesday. But the bigger focus for some investors is the buyback numbers. The data and analytics group is picking up shares while the valuation is still weak, and consensus still has both cash flow and earnings growing. RELX was changing hands at 2,451p/2,452p late morning in London, up 58p or 2.42% on AJ Bell’s delayed quotes. MarketScreener had RELX at 2,457p, showing a 2.67% rise, with the FTSE 100 up around 0.2%.